Deduction U/s 80C

R.Suresh (Sr. Executive) (394 Points)

11 March 2010  

Hi All,

I have one query in Deduction U/s 80C. One of my colleague given a premium paid receipt for Rs 30,000/- PA. but the sum assured value is Rs. 1,00,000/- in this case i going to take deduction u/s 80C for Rs 30,000/- or 20% sum assured value.

Please advice me...