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LIC Premium Cash

Tax planning 1794 views 3 replies
  • If we make LIC policy premium payment in cash at LIC branch , will we get deduction under 80C OR we have to make payment online to get deduction under 80C ?
Replies (3)
Yes. section 80c does not prohibit cash payment of lic premium
We can claim the benefit of deduction in 80C for LIC premium paid in cash.
Deduction available


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