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LIC premium paid for his wife from husband's bank a/c cheque

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Querist : Anonymous

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Querist : Anonymous (Querist)
26 September 2010 If Mr.A paid LIC premium for his wife Mrs.B by his bank account cheque. than who can claim the Income tax rebate u/s 80C. Mr.A's income is taxable (More than 160000/-) and Mrs.B's income is not taxable (Less than 18000)
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CA Navin Jain

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CA Navin Jain (Expert)
26 September 2010 MRS. B
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
26 September 2010 Mr. A also can claim the sec.80 C, Becasue section allowed deduction for preimum paid for Spouse and children



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CA Navin Jain

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CA Navin Jain (Expert)
26 September 2010 BUT Mr. A HAS NOT PROVE FOR THAT
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Querist : Anonymous

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Querist : Anonymous (Querist)
26 September 2010 @ CA Navin Jain

sir i think mr.Ramesh is right. u r asking about which prove. Mr.A has paid the premium from his own a/c by cheque.
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CA Punit

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CA Punit (Expert)
26 September 2010 Mr. A Can claim u/s 80C
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CA Navin Jain

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CA Navin Jain (Expert)
26 September 2010 YES MR A CAN CLAIM THE DEDUCTION

I WAS CONFUSED ABOUT THAT LINE his wife Mrs.B by his bank account cheque.
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CA. Harinder Kumar

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CA. Harinder Kumar (Expert)
27 October 2010 Absolutely Mr. A can claim



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Querist : Anonymous

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Querist : Anonymous (Querist)
24 September 2011 Thankyou Very Much Expert....:)

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