Can LIC Premium paid by all members of HUF be claimed as deduction u/s 80C for HUF Tax purpose?
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80c deduction
Replies (10)
Yes if it is not claimed in their Individual Income Tax Return.
agree with above
Yes, It can be claimed
Agree with above....
Deduction u/s 80C,can claim be individual\HUF....
PAYMENT OF LIC PEMIUM IS COVERED....
Yes it can be claimed, but payment must be made by the HUF not by the individual from their pocket.....
please correct if wrong...
WE CAN CLAIM.
agreed with experts
Yes the deduction can be claimed if paid by HUF .
YES DEDUCTION CAN BE CLAIMED
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