Rebate against lic premium


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Querist : Anonymous

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Querist : Anonymous (Querist)
15 July 2018 Sir,
I have to pay two LIC premium ( yearly ) for my son . The cheques of premium are issued on my signature from a Joint Savings Bank A/C in the names of my wife and me ( 1st name is wife ) . Can I claim IT rebate against LIC Premium ? Please advise me .

With regard ,

Sudhir Saha

15 July 2018 You may claim since you are the signatory. But issue remains debatable.


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