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Is Late fee and service tax thereon LIC Premium is elgible
for deduction u/s 80C ?
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Answer / viswa
Only the premium amount and service tax on that only
eligible for 80C deduction. Late fee its a penalty which a
mistake is done by u, not eligible for deduction
| Is This Answer Correct ? | 43 Yes | 1 No |
Answer / akash gurao
late fee not eligible for deduction u/s 80C but service tax
on lic premium is eligible for deduction
| Is This Answer Correct ? | 47 Yes | 9 No |
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