Lic premium

Hi,

I have a querry regarding LIC Premium, if I pay my premium by someones elses credit card and then pay him by cheque. Will I get the tax benefit for the same?

Thanks in advance

 

Replies (3)

As long as LIC premium receipt is in the name of the assesee the mode of payment wont be an issue.

I agree with Amrin

Thank you very much

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