Query

Tax queries 364 views 2 replies

Dear Members

If  LIC Policy is name of husband and premium  is paid by cash can wife claim for decuction u/s 80-c

Replies (2)

Hi Friend,

Deduction of LIC Premium is available to Spouse and 2 childrens,hence the LIP benefit can be availed by wife irrespectived of payment made in cash.

agreee with Mr Yogesh


CCI Pro

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