80C deduction of LIC policy of spouse.
This query is : Resolved
01 October 2019
Sir,
I am presently working at government organization and my wife is also teacher. Can you tell me please whether my savings under LIC Policy under 80C can be claimed by my wife under income tax act.
I am presently working at government organization and my wife is also teacher. Can you tell me please whether my savings under LIC Policy under 80C can be claimed by my wife under income tax act.
01 October 2019
Yes. Husband or wife can claim deduction under section 80 C ( Any one only)
26 May 2020
Yes deduction can be availed in filling ITR.
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