Dear Members
If LIC Policy is name of husband and premium is paid by cash can wife claim for decuction u/s 80-c
Menu
Query
Replies (2)
Hi Friend,
Deduction of LIC Premium is available to Spouse and 2 childrens,hence the LIP benefit can be availed by wife irrespectived of payment made in cash.
agreee with Mr Yogesh
Recent Topic
- Is CA through direct entry easy for a commerce stu
- Dividend and withholding tax - DTAA- RSU
- NRI Query: Capital Gains Tax Exemption under Secti
- Royalty payment to UK
- Calculate ITR2 tax with equity and non equity prof
- LTCG on residential property sale - Rebate?
- TDS MISMATCH AND AIS
- Return filing for intervening period upto date of
- EPF Withdrawal taxation
- While e filing otp not generating
Related Topics
CAclubindia
