In case any taxpayer has made any payment towards life insurance premium, for securing life insurance on his own life, the life of spouse and life of any child then the premium paid during the financial year for which return is filed, is to be claimed as deduction U/s 80C.
In order to enter deduction u/s 80C, follow the steps given below:
Step 1: Go to the Deductions screen
Step 2: Click on Common deduction, select " Life Insurance Premium " from the dropdown given and enter the amount of investment made
Comments
0 comments
Please sign in to leave a comment.