Can I claim saving under 80c in current year for insurance premium paid for next coming year?
ganesh sirsath (1 Points)
06 March 2020Can I claim saving under 80c in current year for insurance premium paid for next coming year?
RAJA P M
("Do the Right Thing...!!!")
(127260 Points)
Replied 06 March 2020
Kapadia Pravin
(17249 Points)
Replied 06 March 2020
Spurto Consultancy Services
(Consultant)
(1891 Points)
Replied 06 March 2020
Deductions under section 80C is claimed on receipt basis, irrespective of the period for which the expenditure is claimed.
debora M
(BUSINESS DEVELOPMENT MANAGER)
(1697 Points)
Replied 03 April 2020
You can claim as per the date mentioned on the insurance claim
CAclubindia
