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Life insurance premia

Tax queries 321 views 3 replies

I have 2 LIC policies and i have paid premia on both the policies. Can i claim premia on both the policies under section 80c up to Rs 1,50,000

 

Replies (3)

Yes, allowed to be claimed in aggregate, but under old regime.

Yes you can claim the same to the extent 1.5 lakhs of you are filling under old regime
Life insurance premia deduction of chapter vi


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