Need Suggestions to opt for Tax Refund or not

april 2012 will be computed in next year, let the registration take place 1st.

you can not claim the expenses of next year, in present year incometax

Thanks Sharma.

May i know what is last date to get tax exemption in present yera Income Tax..?

And can i try to prepone to one month..i.e March 2012. is it possible to apply for Tax refund..?

sec 80C allows the exemption on actual payment basis, so if your payment for registration is done within 31st march 2012 ( registration done) then only you would get benefit of the same, otherwise the actual date of registration would be taken in respective financial year for exemption purpose.

overall ceiling of 80C is 1 Lacs in current year, which is consolidated for LIC premium, NSC, Tution fees for children etc.