Deduction 80C benefits
This query is : Resolved
13 January 2010
Who all are eligible to take benefits of Section 80C for Life premia paid from personal a/c??
13 January 2010
The benefit can be availed by the person who is paying the insurance premium.
13 January 2010
If the Assessee is Indiviual- Own,Spouse, Son and daughter life
If the Assessee is HUF- Any member life
If the Assessee is HUF- Any member life
13 January 2010
I agreed with the above view
14 January 2010
agree with experts to any Person can take the benefit of sec.80C while payment of his own,spouse & childrens in any LIC. but subject to 1,00,000/-
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