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Thread: Us 80 c

  1. #1
    Junior Member kdgupta1971 is on a distinguished road
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    Question Us 80 c

    Can service tax on state insurance premium and on accidental insurance be include in investment US 80C?

  2. #2
    Senior Member tvenkatam is on a distinguished road
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    Quote Originally Posted by kdgupta1971 View Post
    Can service tax on state insurance premium and on accidental insurance be include in investment US 80C?
    Dear Friend,

    Money paid as Premium of Insurance policies including taxes, if any, is exempted from income tax under Section 80C.

  3. #3
    Senior Member RKPATHAK is an unknown quantity at this point
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    Any amount of insurance premium qualify for tax reabate under section 80-c

  4. #4
    Junior Member kdgupta1971 is on a distinguished road
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    Quote Originally Posted by RKPATHAK View Post
    Any amount of insurance premium qualify for tax reabate under section 80-c
    Included or excluded service tax? My query was merely about service tax.

  5. #5
    Senior Member RKPATHAK is an unknown quantity at this point
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    No doubt it is inclusive of all taxes restricted to rs 1,00,000 per annum

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