TDS applicable for life insurance

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....DS applicable for life insurance<br> Query (Issue) Started By: - Velayutham Panchatcharam Dated:- 19-12-2015 Last Reply Date:- 19-12-2015 Income Tax<br>Got 3 Replies<br>Income Tax<br>Insurance taken f....

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....or father / mother / any dependent is eligible for deduction under section 80C as per new circular no.20/2015 dated 02-Dec-2015 Reply By MARIAPPAN GOVINDARAJAN: The Reply: Thank you for the informat....

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....ion. Reply By Ganeshan Kalyani: The Reply: 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 ....

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....current financial year in the following schemes, subject to a limit of &#8377; 1,50,000/-: &#39;Payment of insurance premium to effect or to keep in force an insurance on the life of the individual,....

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.... the spouse or any child of the individual.&#39; In view of above, the queriest need to re-check the notification. Reply By Ganeshan Kalyani: The Reply: Sorry notification in my reply to be replace....

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....d as &#39;Circular&#39;.<br> Discussion Forum - Knowledge Sharing ....