Easy Office
LCI Learning

80c

This query is : Resolved 

02 December 2014 LIP paid by husband in name of his WIFE. Can husband claim 80c deduction??

02 December 2014 Yes. Husband can claim if it goes from his taxable income.Similarly parents can claim the LIP paid by them on their children's name, including their married daughters.

03 December 2014 Yes as per section 80c, deduction can be claimed by husband if it is paid in the name of self, spouse a children.
Consider the limits given under this section






You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries