LIC payment

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lic in the name of husband but paid by wife.. who can claim the deduction ?

Replies (8)
In case the husband claim the deductions then wife can't get that paid amount.
If the husband can't claim the amount then wife can claim the Lic deduction.....
Person who pays the amount will get the deduction. Since your wife has paid the premium she is entitled to claim the deduction.
No... First priority to name of the bond holder......
one person is saying wife other is saying husband.. still unanswered.. is there anyone else who can solve this mistery ?
no mistery
obviously wife can claim deduction
Okay Enjoy......
The benefits ll be enjoy husband and Wife or Wife or husband.....
If paid Rs. 1. Then Wife claim Rs. 1 and Husband claim Rs. 1 ...........
Deduction can be claimed only by wife as she has paid the premium.
wife will get deduction


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