Insurence premium
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
18 December 2013
hello sir,
a person paid insurance premium his son's name RS 180000.
who can claim deduction u/sec 80C.
both are having income 500000.
a person paid insurance premium his son's name RS 180000.
who can claim deduction u/sec 80C.
both are having income 500000.
18 December 2013
Upto 1 lakh rs is allowed under 80C.
Querist : Anonymous
Querist :
Anonymous
(Querist)
19 December 2013
hello sir
maximum deduction u/sec 80C 100000.
the person who can claim the deduction.
1).The person who paid the insurance premium is allowed deduction u/sec 80c
OR
2).The person whose name(son)in the insurance premium is allowed deduction?
maximum deduction u/sec 80C 100000.
the person who can claim the deduction.
1).The person who paid the insurance premium is allowed deduction u/sec 80c
OR
2).The person whose name(son)in the insurance premium is allowed deduction?
19 December 2013
only the person who pays premium is allowed as deduction u/s 80C.
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