Comments on: Minimum Holding Time Limit for Claiming Deduction u/s 80C of Some Investments http://www.etaxindia.org/2009/11/minimum-holding-time-limit-for-claiming-deduction-us-80c-of-some-investments.html Fri, 03 Sep 2010 09:46:32 -0700 http://wordpress.org/?v=abc hourly 1 By: K.SANKAR http://www.etaxindia.org/2009/11/minimum-holding-time-limit-for-claiming-deduction-us-80c-of-some-investments.html#comment-2917 K.SANKAR Wed, 21 Apr 2010 13:46:04 +0000 http://www.etaxindia.org/?p=807#comment-2917 Sir, ELIGIBILITY TO CLAIM U/S.80-C I have paid Lilfe Insurance Premium for the F.Y.2008-09 - Rs.30,000/- and filed the Income tax return for the same year within the due date. But I could not claim deduction for 80C - due to not having receipt for the LIP payments. - any how I have filed IT return without claiming deduction. My doubt is, Now I have the above mentioned LIP payments receipts, Can I claim the deduction in this year for the previous year (2008-09) LIP payments ? Please clear with details. Thanks. Sir,
ELIGIBILITY TO CLAIM U/S.80-C
I have paid Lilfe Insurance Premium for the F.Y.2008-09 – Rs.30,000/-
and filed the Income tax return for the same year within the due date.
But I could not claim deduction for 80C – due to not having receipt for the LIP payments. – any how I have filed IT return without claiming deduction.

My doubt is,
Now I have the above mentioned LIP payments receipts, Can I claim the deduction in this year for the previous year (2008-09) LIP payments ?

Please clear with details.

Thanks.

]]> By: Mariappa http://www.etaxindia.org/2009/11/minimum-holding-time-limit-for-claiming-deduction-us-80c-of-some-investments.html#comment-828 Mariappa Wed, 25 Nov 2009 06:48:06 +0000 http://www.etaxindia.org/?p=807#comment-828 has the limit for loss on house property changed for assessment year 2010 - 2011 (f.Y.2009-10) previously the limit was 150000.00? Has the limit u/sec 80 Cb 1 lakh has this changed or is it still the same for Assessment year 2010-2011 (F.y.2009-10)? has the mediclaim limit changed from 15000.00 or is the limit same for a.yr 2010 - 2011? has the limit for loss on house property changed for assessment year 2010 – 2011 (f.Y.2009-10) previously the limit was 150000.00? Has the limit u/sec 80 Cb 1 lakh has this changed or is it still the same for Assessment year 2010-2011 (F.y.2009-10)? has the mediclaim limit changed from 15000.00 or is the limit same for a.yr 2010 – 2011?

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