Huf
This query is : Open
25 May 2014
while calculating total income of huf , the karta of huf has taken life insurance policy on self on which he pays premium. whether huf gets the ded of 80 c of this premium which karta has taken on self.
26 May 2014
Yes, HUF also get deduction under 80C upto 1 Lac and 80D medical insurance.
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