Tax audit

Yes, it is to be mentioned ...because tax audit covers assessee in entirety....

Dear Sir,

Dear Mr. Arora,

My point is the assessee paid LIC premium from the business and it is shown as drawings, then also whether it has to be shown.

Dear Sir,

That's what i am saying... that if the same is appearing in books of accounts (as in your case, through drawings etc..) then they should be disclosed...

one also should not have problem in putting values there, as the same says:-
Details of Deductions, if any, admissible under Chapter VIA

and yes, they are admissible as deduction....

If possible just read the Guidance Note on Tax Audit issued by ICAI

all such words were drafted after reading the guidance note...