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Deduction u/s 80C - Basic premium or total premium

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..... Whether deduction u/s 80C will be allowed on Basic premium or on total premium (including service tax) - Reply By Mukesh Kumar - The Reply = It should be allowed on total premium. Section 80C does .....

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..... not require to bifurcate the amount into basic amount and taxes applicable thereupon. - Reply By BARUN BASU - The Reply = Q :Whether deduction u/s 80C will be allowed on Basic premium or on total .....

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..... premium (including service tax) Ans: Certainly it is on the total amt. includint service tax - Deduction u/s 80C - Basic premium or total premium - Query Started By: - Rahul Bagaria Dated:- 26-5-200 .....

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..... 9 Income Tax - Got 2 Replies - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementi .....

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..... ndia.com - TMI - TaxTMI - TMITax .....

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