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Deductions

Direct Taxation

Under sec 80D(4a), can deductions be claimed for every year for which the lump sum have been paid in appropriate fraction? Eg: lumpsum premium paid is 40000 for 4yrs....can 10000 be deducted each yr for the corresponding 4yrs?


Pushkala S

Pushkala S

CA Final

★ 3K+

07-Sep-21 22:11

609

Answers (2)

Yes


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