80c

Save Share

Join Us Follow Us Add as Source

This query is : Resolved

Report Follow Query Ask a Query

Querist : Anonymous

Querist : Anonymous (Querist)

21 March 2013 L.I.C Paid by Mother for children who are not dependent upon her can get exemption to mother under 80C

deepali agarwal

deepali agarwal (Expert)
Follow

21 March 2013 she wud get exemption...

Message likes : 1 times

CA Sripal Jain

CA Sripal Jain (Expert)
Follow

21 March 2013 she will be entitled to deduction under section 80c,for children whether be dependent or independent ,married or bachelor ,all r included.

Message likes : 1 times

CA Ayush Agarwal

CA Ayush Agarwal (Expert)
Follow

21 March 2013 Yes, Mother will get deduction u/s 80C.

Message likes : 1 times

Querist : Anonymous

Querist : Anonymous (Querist)

06 September 2013 If Mother Pay for Children Rs.1,00,000.00 in L.I.C and Children Self Pay for himself in L.I.C Rs.1,00,000.00.Children are not dependent upon Mother.Whats the 80C deduction Implication in Mother and Children ?

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