U/s 80 C - LIC Receipt
This query is : Resolved
Sandeep Mane
(Querist)
04 February 2010
Hi,
Please confirm,
can i avail exemption for lic policy of my parents name.
if yes then which under section avail.
Please guide me.
Regards,
Sandeep
Please confirm,
can i avail exemption for lic policy of my parents name.
if yes then which under section avail.
Please guide me.
Regards,
Sandeep
CA Shishir
(Expert)
04 February 2010
Yes you can claim under u/s 80D on mediclaim policies only for your parents
You cannot claim u/s 80C for insurance of parents
You cannot claim u/s 80C for insurance of parents
CMA Ramesh Krishnan
(Expert)
07 February 2010
Agree U/s.80C Parents policy premium cannot claim
CA Ravi Sisodia
(Expert)
07 February 2010
Agree
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