huf and individual

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intermediate
304 Points Posted on 20 August 2019
hello experts one individual is a salary person and karta of huf also so he have 3 lic policy of rupees 75000 so is it possible he claim 2 policy under individual return for 80 c and 1 policy of 75000 for huf 80 c please suggest thank you
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On 20 August 2019 at 11:06 Report
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17269 Points Posted on 20 August 2019
Yes he can provided he pays premium from respective bank accounts
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On 20 August 2019 at 11:11
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Financial advisor
592 Points Posted on 20 August 2019

If payment is made from bank account of HUF, deduction u/s 80C can be claimed in HUF.

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On 20 August 2019 at 15:15
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9 Points Posted on 20 August 2019
if kara use to pay lic payment from Huf bank account. can claim deduction in HUF
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On 20 August 2019 at 15:49

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