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Guest

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Guest (Querist)
17 August 2011 good evening to all expert,
can any 1 tell me that if a a married man deposit their wife lic premium 7500. while his name( husband) not in this lic than can he take deduction of it 7500 in 80 c
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
17 August 2011 yes. spouse can take the LIC premium deduction paid for others policy
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Pragnesh

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Pragnesh (Expert)
17 August 2011 Yes he can get benefit of deduction u/s. 80C. ensure that wife is not working and she is dependend on his husband.
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chetan soni

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chetan soni (Expert)
17 August 2011 agreed with expent Pragnesh Sitapara.
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Guest

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17 August 2011 thanks dear expert and happy independance day
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