TMI Blogclarification on 80 cX X X X Extracts X X X X X X X X Extracts X X X X ..... clarification on 80 c X X X X Extracts X X X X 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 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 X X X X Extracts X X X X ..... the claim cannot be made in the previous year 2012-13 X X X X Extracts X X X X X X X X Extracts X X X X
|