Hi, If my brother pay my Insurance premium so benefit still available & it's necessary to be pay from my bank account
Please guide me
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Quick Summary
This discussion clarifies whether you can claim Income Tax Return (ITR) deductions for insurance premiums paid by your brother. The general rule is that the tax benefit is available as long as the premium is paid by the assessee themselves. However, for the deduction to be claimed, the payment must originate from the assessee's account, even if another person facilitates the transaction.