Deduction u/s 80c
This query is : Resolved
18 December 2013
hello sir,
a person pay the insurance premium his son's name 152000.
who can claim the deduction u/sec 80c.
both are having incomes more than 500000.
please reply me.
a person pay the insurance premium his son's name 152000.
who can claim the deduction u/sec 80c.
both are having incomes more than 500000.
please reply me.
19 December 2013
person who paid the premium .
19 December 2013
person who paid the premium is eligible to claim deduction. In this case father is eligible.
19 December 2013
person who paid the premium is eligible to claim deduction. In this case father is eligible.
19 December 2013
i asked the same question in this site one person(mba,cma,b.com) replied son is eligible deduction u/sec 80c
sir please give me correct answer.
sir please give me correct answer.
19 December 2013
Under section 80C ,deduction is available to the person who made the payment .For reference see section 80C sub.sec. 2.
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