80c deduction


This query is : Open 

29 January 2014 Dear Experts,

can Spouse (wife) claim LIC (80c deduction) paid for Husband. even husband also working

paid by cash

Thanks

29 January 2014 Yes because premium paid need not be from the taxable income of the 80C claimant.

29 January 2014 Dear Sir Thanks.

how we verify actually she paid or paid by Husband.

the case is like, Husband max 80c limit has exceed 1 lac, now she want to claim of remaining investment of lic.

30 January 2014 could any one brief of the same


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