banner_ad

U/s 80 c

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
23 February 2015 I AM SALARIED PERSON. CAN I TAKE UNDER 80C MY WIFE'S LIFE INSURANCE POLICY? IN MY RETURN?


23 February 2015 Yes it can be taken for wife and children.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
23 February 2015 when it can be possible means HUF or Individual?

23 February 2015 Benefit is available to individual assessee and Hindu Undivided Family assessee.
In case of individual assessee - himself/herself, spouse, children of such individual
In case of HUF assessee - any member of HUF.

24 February 2015 yes husband taek benefit on wife insurance premium.
and huf can take benfit on the huf memeber life insuarance premium.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query



Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details