Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

clarification on 80 c

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... clarification on 80 c
Query (Issue) Started By: - sid chakravarthy Dated:- 25-2-2013 Last Reply Date:- 26-2-2013 Income Tax
Got 1 Reply
Income Tax
dear sir, i would like to know whether .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... one can claim the premiums paid towards LIC in the month of March 2012 for this assessment year under Section 80 C of incometax act. chakravarthy. Reply By RAJAGOPALAN BALACHANDRAN: The Reply: Marc .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... h,2012 falls in the financial year 2011-12. The LIC Premium paid in March,2012 can be claimed as deduction under Section 80C in the previous year 2011-12 for which the assessment year is 2012-13. But .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... the claim cannot be made in the previous year 2012-13
Discussion Forum - Knowledge Sharing .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates