can i get the income tax rebate on term plan insurance
Santosh Menon (Student) (60 Points)
18 January 2013can i get the income tax rebate on term plan insurance
Nikhil Kaushik
(Fellow CA)
(85463 Points)
Replied 18 January 2013
yes u do...interestingly once DTC kicks in, it is quite probable that only term insurance plan will get the tax deductions
kavitha
(studying final)
(830 Points)
Replied 18 January 2013
yes , you can claim deduction u/s 80C for the term life insurance
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