Menu
80C insurance policy
can a wife claim the deduction of an LIC premium paid by a husband ?
Replies (6)
Quick Summary
Yes she can
The premium can be claimed by the wife.
Only the proposer of an policy can claim
Person who pay policy can claim deduction of same
@ rashmi ma'am, if I make payments for your policy, whether I'll be eligible to claim 80C on such payments
No you can't but for your wife you are eligible
Recent Topics :
- How do you collect documents from clients for ITR
- GST ITC on Construction/ Tenant Specific Renovatio
- GST Treatment and Reporting of Share & Mutual
- AGM Defective Notice
- IMS Rejection of Sales and Sales return
- Taxation of Gift - Father to Daughter
- TDS on Property Purchased above 50lakh
- Accounting Treatment in Tally for Restaurant Sales
- Form 146 required
- Rule 86(B) Applicability
Related Topics :
CAclubindia
