clarification on 80 c

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

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....ne 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: March....

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....,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 t....

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