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Claim of lip

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04 February 2012 husband and wife both are salaried person.can wife get claim the deduction of lic policy in the name of husband when husband is not claiming rebate of that lic policy.
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Shyam Lal Naik

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Shyam Lal Naik (Expert)
12 February 2012 Wife can claim the deduction for LIC premium paid in respect of Ploicy in the name of the husband, provided the premium is paid by the wife. If it is a cheque payment, please check from whose account it was paid.
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