MY CLIENT JUST PURCHASED 2 LIC CAPITAL STRUCTURE FUND-I OF FIFTY THUSAND EACH(RS 50000/-). I WANTED TO KNOW WILL WHAT TAX BENIFIT WILL HE RECEIVE AND UNDER WHAT SECTION?
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I.TAX QUERY
Replies (2)
He can claim LIC amount, when he filled the IT Return.
hi buddy
He can claim LIC Premium amount when he filled IT Return. The deduction can be claimed under u/s 80 C
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