Rebate u/s 80c


This query is : Resolved 

22 December 2015 R/sir

My query is, that can i avail the rebate on payment of LIC preimum of my wifie policy, when my wife is also taxable person.

thanks

CA Rinkal (Expert)
24 December 2015 yes


the payer will be you, then only you can get benefit of section 80C..


as the provision says spouse..... but not prescribe dependent or not-dependent


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