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TMI BlogTDS applicable for life insuranceX X X X Extracts X X X X X X X X Extracts X X X X ..... 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 - Reply By MARIAPPAN GOVINDARAJAN - The Reply = ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Thank you for the information. - 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 o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... f 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 i ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nsurance 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. - Reply By Ganeshan Kalyani - The Reply ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... = Sorry notification in my reply to be replaced as 'Circular'. - TDS applicable for life insurance - Query Started By: - Velayutham Panchatcharam Dated:- 19-12-2015 Income Tax - Got 3 Repli ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... es - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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