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Deduction under 80c

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Querist : Anonymous

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Querist : Anonymous (Querist)
11 May 2016 Dear Sir,

Can I claim deduction under 80c for life insurance premium paid by me for my grandson who is minor and also policy is in the name of my son( as a guardian)

Thanks & Regards
Lingam

12 May 2016 Sir, you can't take deduction of your minor child (grandson) and also for your son. Why you son is not take deduction of 80C by himself.


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