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Deduction of lic premium under huf

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(Querist)
13 November 2014 I WOULD LIKE TO KNOW WHETHER LIC PREMIUM IS ALLOWED UNDER HUF FOR TAX REBATE FOR BENIFICARY PERSON.
KHARTHA IS PAYING PREMIUM
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
13 November 2014 Yes.policy in case of any member of HUF can be taken as deduction u/s.80C

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