banner_ad

deduction u/s 80c

Others 481 views 4 replies

Hello

I have paid life insurance policy of rs. 40000 for my father. would i eligiable for deduction u/s80c.

thank in advance

Replies (4)

yes sir...... u can definitely claim that premium u/s 80 C.......

regards,

ratan

yeah u can claim

according to sec 80C the deduction is available if the policy is taken on own life, life of spouse or any child but not for parents

Mr. Navin.. sorry for my first reply..... deduction for insurance premium can be taken by individual only if premium is paid on the life of individual, spouse or children (whether minor or major./married or unmarried.)

regards,

ratan


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
19 May 2026
Fundraising Expert

MentorsWorld Ventures Private Limited

Ahmedabad

Others

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details
Company
16 May 2026
Audit clerk

mgirt & co

Bengaluru

CA Inter

View Details
Company
ARTICLESHIP 04 June 2026
Article

Rakhecha & Co.

New Delhi

CA Inter

View Details
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details
Company
16 May 2026
Account & Audit Asst

RAHUL KHANDEBHARAD & ASSOCIATES

Nashik

B.Com

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details