Lic deduction

f.y 19-20 my lic premium i paid on april 2019 and after then on april 2020.
can i take deduction on both premium for income tax of Fy 19-20 as government increased take till june 2020 for 80 c investment purpose
Replies (2)
Quick Summary
This discussion clarifies whether LIC premiums paid in April 2019 and April 2020 can be claimed as deductions for the financial year 19-20 under Section 80C. The consensus is yes, as the government extended the deadline for tax-saving investments until June 30, 2020, allowing both payments to be eligible for deduction.

Yes, you can claim deduction of both LIC premium u/s 80c for FY 2019- 20
The government has announced that taxpayers have time until June 30, 2020 to complete their tax-saving exercise for FY2019-20.

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