80C
This query is : Resolved
18 July 2011
IF PREMIUM OF LIC PAID BY HUF FOR THE MEMBERS OF HUF OR KARTA HIMSELF,THEN WILL THIS PAYMENT IS ALLOWED FOR DEDUCTION U/S 80 C TO HUF?
18 July 2011
LIC premium paid by HUF the policy can be any member of the family can be allowed as deduction
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