Is Investment Possible at this time?

NOT POSSIBLE. U HAVE TO MAKE INVESTMENT ONLY BEFORE CLOSE OF ACCOUNTING YEAR. INVESTMENT MADE AFTER YEAR CLOSURE WOULD BE AVIALABLE FOR DEDUCTION UNDER SEC 80C PROVIDED INVESTMENT IS WITHIN ANY OF THE MODES SPECIFIED UNDER 80C.

REGARDS,

MANOJ

Agreed with Mr. Manoj

Thanks for your quick help. 

As per your reply, If I take a life insurance policy at this time, can i show it along with my return this time? what is the procedure for that?

Thanks

Deeprak

Originally posted by : Manoj B. Gavali
	NOT POSSIBLE. U HAVE TO MAKE INVESTMENT ONLY BEFORE CLOSE OF ACCOUNTING YEAR. INVESTMENT MADE AFTER YEAR CLOSURE WOULD BE AVIALABLE FOR DEDUCTION UNDER SEC 80C PROVIDED INVESTMENT IS WITHIN ANY OF THE MODES SPECIFIED UNDER 80C.   REGARDS, MANOJ

IF U TAKE INSURANCE POLICY DURING 2010-2011, THEN DEDUCTION WOULD BE AVAILABLE FOR FY 2010-2011 FOR THE AMOUNT PAID ON INSURANCE PREMIUM DURING 2010-2011.

REGARDS,

MANOJ