Mr. Baskar a person with disability referred to in Section 80U is employed in a bank. He paid ₹ 50,000 as premium on life insurance policy taken on himself and whose sum assured is ₹ 4 lakhs. The amount of premium eligib
CS Executive · Tax Laws and Practice · PYQS · December 2017
Mr. Baskar a person with disability referred to in Section 80U is employed in a bank. He paid ₹ 50,000 as premium on life insurance policy taken on himself and whose sum assured is ₹ 4 lakhs. The amount of premium eligible for deduction under Section 80C would be :
Answer & Explanation:
Correct Answer: Option (B)
Official answer key: (B).
Topics: Income Tax
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