if the payer and insured are two different persons and the payer pays the insurance premium from his own bank account then and is the insured eligible to take the deduction of the premium under section 80c. the insured is the spouse of the payer.
rajesh chonjamam (22 Points)
24 June 2019if the payer and insured are two different persons and the payer pays the insurance premium from his own bank account then and is the insured eligible to take the deduction of the premium under section 80c. the insured is the spouse of the payer.
sheela More
(student)
(333 Points)
Replied 24 June 2019
Payer is eligible for deduction of insurance premium paid for his spouse, if payment done by him.
rajesh chonjamam
(22 Points)
Replied 24 June 2019
sheela More
(student)
(333 Points)
Replied 24 June 2019
As per the policy terms insurer is her husband, so he is eligible for 80C benefit, when he pays to insure himself or any of his family member/s
rajesh chonjamam
(22 Points)
Replied 24 June 2019
Dipesh Jha
(PRACTICE )
(673 Points)
Replied 24 June 2019
rajesh chonjamam
(22 Points)
Replied 24 June 2019
Kapadia Pravin
(17249 Points)
Replied 13 November 2019
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