LIP deduction u/s 80c
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
02 March 2010
LIP premium receipt is on name of husband for LIC's Jeevan saathi poicy and paid by husband only.
So can wife claim deduction u/s 80 c against her income by producing that premium receipt?
So can wife claim deduction u/s 80 c against her income by producing that premium receipt?
02 March 2010
No. Wife cannot claim deduction u/s80C against her income. Deduction u/s80C will be available to Husband against his income as he has paid the the premium amount.
02 March 2010
agree
Guest
Guest
(Expert)
02 March 2010
AGREE
02 March 2010
agree
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