Deduction 80C benefits
This query is : Resolved
Vinay Luharuka
(Querist)
13 January 2010
Who all are eligible to take benefits of Section 80C for Life premia paid from personal a/c??
Sohil Ganeriwala
(Expert)
13 January 2010
The benefit can be availed by the person who is paying the insurance premium.
CMA Ramesh Krishnan
(Expert)
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
CA.ViVeK M ACA
(Expert)
13 January 2010
I agreed with the above view
Murtaza I Bhagat
(Expert)
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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