Standard deduction

SIR
LIC SINGLE. PREMIUM JEEVAN AKSHAY -VI
SUM ASSURED 1LAK .PREMIUM 1LAK DEDUCTION 20% OR 100%
Replies (3)

No deduction eligible u/s. 80C of IT act.

Standard deduction is available over salary income. Not over insurance policy.

investment from my Pension. income. annuity plan elegible

You have to file ITR and claim TDS deducted.

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