80 C
This query is : Resolved
17 July 2009
My Father is paying LIC premiums for myself / my children (Grand Sons)and my wife(Daughter -in-law) , can he claim benefits of section 80 C ,
this info is urgent as return has to be filed
this info is urgent as return has to be filed
CA.Tarun Maheshwari
(Expert)
17 July 2009
He can claim deduction u/s 80C to the extent of LIC premium paid for You only. Your wife and Children's premium shall not be allowed.
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