Please guide me if any individual paid Rs.12000 yearly as LIC premium which is less than 20% of capital sum assured, then how much amount will he get as deduction under 80C?
2 Replies
ashish gupta
( student)
(1922 Points)
Replied 18 November 2011
Full amount of Rs.12000 will be deducted from the income
GEETA
(ACCOUNTS MANAGER)
(21 Points)
Replied 18 November 2011
Can u please send me a cost sheet for hotel industry
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