Deduction u/s 80C
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
22 June 2010
Can a mother claim deduction u/s 80c in repect of LIC premium paid in the name of married daughter.
CMA Ramesh Krishnan
(Expert)
22 June 2010
Yes.Even married daughter premium paid can be claimed
22 June 2010
As per section 80 C , in the case of an individual, insurance premium can be paid for the individual himself or for the wife or husband and any child of such individual,
There is any child , it may be married or unmarried. It may dependent or independent .
There is any child , it may be married or unmarried. It may dependent or independent .
Rahul Gupta
(Expert)
22 June 2010
Agreed with Mr. Ramesh and Mr. Bansal. Mother can claim the deduction for LIP paid.
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