Any amount Paid or Deposited in any annuity Plan of LIC or Pension fund or any other Insurer. The Plan must be for receiving a Pension from a Fund referred to in Section 10(23AAB).
An Individual can claim deduction under 80CCC.
A maximum of Rs 1, 50,000 can be claimed under 80CCC for the FY 2018-19, 2017-18 and FY 2016-17 each.
(However, The maximum aggregate deduction that can be claimed under section 80C, section 80CCC and section 80CCD (1) cannot exceed more than Rs 1.5 lakhs.)
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|Asked: 12/21/18, 2:30 AM|
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|Last updated: 2/26/19, 11:28 AM|