- 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 ?
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LIC Premium Cash
Replies (3)
Quick Summary
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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