If I pay Life Insurance Premium of 2021 in June 2022 can I calim that in ITR of 2021 /22
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Life Insurance Premium IT return deduction
Replies (5)
Quick Summary
Yes you can claim deduction as per payment
It can be considered in ITR of AY-2022-23
If it is delayed payment of instalment, it is not allowed...
Chapter via deduction.
LIC deduction is allowed based on payment basis
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