Lic premium-80c
LIC Premium paid for Parents, Spouse Can i cliam for under 80c
Replies (9)
You can claim ded u/s 80C for yourself, spouse and your children only.
YES , YOU CAN CLAIM IF YOU ARE THE PROPSER AND THEY ARE NOT FILING TAX RETURN YOU CAN CLAIM PREMIUM PAID TO PARENTS,SPOUSE AND CHILDREN.
I Agree with Kaviraja Sir
Yes you can claim premium paid for dependend parents, spouse, children
Yes u can claim for ur family members
In case of childern, what is the age limit of Son and daughter ?, in case of dependent 23 year old son, can father claim deduction of LIC premium paid for his son.
There is no age limit restriction. Father can claim deduction if his son income is below limit and is not filling return.
Correct me if I am worng.
Yes you can claim deduction u/s 80C
U cant claim on parents lic.....parent cn claim on son or dau lic whether dependent or not......
U can claim parents med ins policy whether dep or not...parent cn claim son or dau med ins only if they r dep.....
In any case double benefit is never allowed
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