An assessee has paid life insurance premium of Rs. 25, 000 during the previous year for a policy of Rs. 1, 00, 000. He shall __________________________.
A
Not be allowed deduction u/s 80C
B
Be allowed Deduction u/s 80C to the extent of 20% of the capital sum assured i.e.Rs. 20, 000
C
Be allowed Deduction for the entire premium as per the provisions of section 80C
