Availablity deduction under sec 80c while filing return

Tax queries 171 views 4 replies

Question related to income tax return  

son filed his  income tax return under new regime  

And can his father get deduction under sec 80C by paying his son life insurance premium in "old income tax" while filing return ?

Replies (4)
80c talks about self spouse and children...so if you paid the amount you can claim the deduction
Yes, why not...his father can get deduction under Section. 80C by paying his son life insurance premium.

Section.80C talks about self, spouse and children
So, if son paid than son get deduct,.. if father paid than father get deduction.
Originally posted by : Sagar Patel
Yes, why not...his father can get deduction under Section. 80C by paying his son life insurance premium.Section.80C talks about self, spouse and childrenSo, if son paid than son get deduct,.. if father paid than father get deduction.

I also agree wih @ Patel Ji

 

 

Yes his father get deduction under sec 80C by paying his son life insurance premium

 


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