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SUSHANT BIDAYE   24 September 2021

Lic premium deduction including gst

can lic premium paid including gst be claimed as deduction u/s 80 c


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 4 Replies

Rama chary Rachakonda

Rama chary Rachakonda (Master in Accounts & Lawyer email ID:ramachary64@gmail.com voice no:9989324294)     24 September 2021

deductions are allowed subject the limit

SUSHANT BIDAYE

SUSHANT BIDAYE   24 September 2021

Thanks. my query - whether deduction can be claimed including gst amount. ?
Hardik Hindocha

Hardik Hindocha   25 September 2021

Yes Sushant you can claim total premium paid u/s 80c.. You need not bifurcate gst and premium components...
SUSHANT BIDAYE

SUSHANT BIDAYE   25 September 2021

Thanks a lot Hardik.
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