Hi,
I am paying amount for my parents lic policies. Whether i can include these policies under 80C section ?
I have checked in my company, they are not accepting my parents policy under 80C.
Thanks & Regards,
Amaresh
Hi,
I am paying amount for my parents lic policies. Whether i can include these policies under 80C section ?
I have checked in my company, they are not accepting my parents policy under 80C.
Thanks & Regards,
Amaresh
NO, you cant. Check this thread too /forum/80c-can-lic-premium-paid-for-dependent-parents-be-claimed-128774.asp
you can only claim LIC premium paid for SELF , SPOUSE AND CHILDREN .
Thanks everyone.
Whether i can transfer my parents policy to my name ?.
Thanks & Regards,
Amaresh
O P Bagla & Co LLP
New Delhi
CA Inter
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Shaswat initial support private limited
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CAclubindia
