Hina Radadiya (15 Points)
30 November 2015
M Sairam
(Semi Qualified CA)
(421 Points)
Replied 30 November 2015
HI Hina, As you said,you and your husband both are doing job but LIC premium paying by you,not by your husband.so,you can deduct LIC Premium u/s 80C From Taxable salary income. you can see this deduction in form 16 (Salary statament fromyour employer).you can claim deduction u/s 80C maxi of 150000.
Udgam Koomar
(Tax Technologist)
(1949 Points)
Replied 30 November 2015
If u paid by cheuqe u can claim, if cash u have options
M Sairam
(Semi Qualified CA)
(421 Points)
Replied 01 December 2015
Thank you sir to your clarification
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