Just a moment...

Report
FeedbackReport
Bars
×

By creating an account you can:

Logo TaxTMI
>
Feedback/Report an Error
Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
Add to...
You have not created any category. Kindly create one to bookmark this item!
Create New Category
Hide
Title :
Description :
+ Post a Query
Post a New Query
Title :
0/200 char
Description :
Max 0 char
Category :
Delete Reply

Are you sure you want to delete your reply beginning with '' ?

Delete Issue

Are you sure you want to delete your Issue titled: '' ?

Discussion Forum

Back

All Issues

Advanced Search
Reset Filters
Search By:
Search by Text :
Press 'Enter' to add multiple search terms
Select Date:
FromTo
Category :
OR
Search by Issue ID:
NOTE: If you have inputs in both the fields, then results will be shown for issueId first.
Issue ID : 109568
- 0 -

TDS applicable for life insurance

Date 19 Dec 2015
Replies3 Answers
Views 867 Views

Insurance taken for father / mother / any dependent is eligible for deduction under section 80C as per new circular no.20/2015 dated 02-Dec-2015

3 answers
Sort by

Old Query - New Comments are closed.

Hide
- 0
Replied on Dec 19, 2015
1.

Thank you for the information.

- 0
Replied on Dec 19, 2015
2.

The relevant phrase in the said notification refers as:

Section 80C, entitles an employee to deductions for the whole of amounts paid or deposited in the current financial year in the following schemes, subject to a limit of ₹ 1,50,000/-:

'Payment of insurance premium to effect or to keep in force an insurance on the life of the individual, the spouse or any child of the individual.'

In view of above, the queriest need to re-check the notification.

- 0
Replied on Dec 19, 2015
3.

Sorry notification in my reply to be replaced as 'Circular'.

Old Query - New Comments are closed.

Hide
Recent Issues