Deduction u/s 80c
This query is : Resolved
25 February 2012
Please suggest regarding that:
a. If spouse is paying LIC of her husband of Rs. 15,000.00. Can Spouse claim deduction u/s 80C in her return.
b. If Mr. X is paying his LIC of Rs. 15,000.00. Can Spouse claim deduction u/s 80C while Mr. X is not availing deduction for same.
a. If spouse is paying LIC of her husband of Rs. 15,000.00. Can Spouse claim deduction u/s 80C in her return.
b. If Mr. X is paying his LIC of Rs. 15,000.00. Can Spouse claim deduction u/s 80C while Mr. X is not availing deduction for same.
25 February 2012
LIC premium paid for Own, spouse and children can be taken deduction u/s.80C.
a. yes. Spouse can take deduction, since she paid premium for husband
b.No. Only those actually made the payment only can take deduction
a. yes. Spouse can take deduction, since she paid premium for husband
b.No. Only those actually made the payment only can take deduction
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