31 January 2009
I have a quastion. My father is retired person as is age of jast 55 now no one income from him.my question is now my parents life insurance can claim in my annual ITR.
31 January 2009
no you cant.....lic can be taken only for the spouse and ur childrens if you have....you cant take parents insurance in youur IT.R.it will be better if you invest the same in your name.....
CAclubindia
