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 ?
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Availablity deduction under sec 80c while filing return
Replies (4)
Quick Summary
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.
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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