SIR
LIC SINGLE. PREMIUM JEEVAN AKSHAY -VI
SUM ASSURED 1LAK .PREMIUM 1LAK DEDUCTION 20% OR 100%
No deduction eligible u/s. 80C of IT act.
Standard deduction is available over salary income. Not over insurance policy.
You have to file ITR and claim TDS deducted.
Rahul Dang & Associates-Chartered Accountants
Pune
CA Inter
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