kindly know to me that if a grand parents invest on the name of his/her grand children's in single premium ca. the take rebate under 80c
thanks
Menu
80C REBATE
Replies (2)
No, grand children not covered under 80C for Life insurance premium deduction..
For Deduction under section 80C for Life Insurance policy, deduction can be claimed if the policy is in the name of Self, his / her Spouse or his/her Children only.
Recent Threads
- Planning of Ceased a Business i.e Closure of Compa
- Property value in 26QB
- Form 26QB Multiple Buyer/Multiple seller
- Company Formation for clothing business
- TDS on purchase 194Q
- Compensation for urban land acquisition
- Understanding section 269st
- CASH AS GIFT OR FD AS GIFT
- NPS Pre Maturity full exit taxation rules
- Planning to ceased a Business
Related Threads
CAclubindia
