u/sec 80C of IT act

IPCC 122 views 2 replies
interest on insurance premium deductions can allow u/ sec 80C and previous year insurance premium we can't claim on that time now we can claim please suggest me
Replies (2)
Only premium paid on Insurance during the relevant year can be claimed as deduction. You cannot claim interest and also the previous year's premium paid u/s 80C.

Regards.
Yes... I agreed to Ms K Sridivya.,

We can claim Insurance Premium paid amount u/s 80C... And only claim Same FY amount.
We can't claim previous year paid amount...


Also no way for claim insurance interest amount u/s 80C.


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