U/s 80 c
This query is : Resolved
11 March 2010
If father purchase Insurance Policy for his son name and son not dependent on father and father not dependent on father then it is possiable son clain benefit u/c 80c
11 March 2010
For claiming benefit under section 80 C payments must be made by the taxpayer.
So if the son has to claim the benefit he should pay the premium towards Insurance policy.
So if the son has to claim the benefit he should pay the premium towards Insurance policy.
11 March 2010
AGREE.
14 March 2010
agree.
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