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Adjustment of lic payment.

This query is : Resolved 

19 July 2013 Sir,
An HUF can get deduction in respect of LIC premium paid by it on behalf of its members, but can an HUF get a deduction for LIC premium in a case where actual payment was made by the member through his/her bank account and he/she was reimbursed by the HUF later on for the same?

19 July 2013 Ya , eligible.

19 July 2013 Sir,
Can you please support your answer?

19 July 2013 by means of directly and indirectly paid by HUF. so eligible. do u want additional evidences?

19 July 2013 Sir,
It would be great if you could provide evidences.


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