Ded u/s 80C

Tax queries 1373 views 6 replies
Replies (6)

In case of an individual, policy should be taken on his own life, life of spouse or any child. Mother is not covered. Hence, Life Insurance Premium paid for policy on the life of Mother is not eligible for deduction u/s.80C.

Originally posted by :vidya
" . "


 

mr. ashok is right

hey vidya

r u playing a game with forums

Vidya what is u r problem you have dont know how to write forum or just kidding with all ca club members

Originally posted by :harinath
" hi
whether we can take the ded of rs. 1 Lakh which was paid to Mother on LIC
Regards
hari
"

 

Sir please submit your forum in right column.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register