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Deduction u/s 80c

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Querist : Anonymous

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Querist : Anonymous (Querist)
08 March 2018 Dear Sir,

My Query is if I paid my Wife ( housewife ) and Son ( Age above 18 years )( taking higher education) LIC Premium & PPF Amount,

Can Department will allow deduction under section 80C
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Querist : Anonymous

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Querist : Anonymous (Querist)
08 March 2018 for f.y. 2017-18 A.Y. 2018-19
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Querist : Anonymous

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Querist : Anonymous (Querist)
08 March 2018 Dear Sir, My Query is if I paid my Wife ( housewife ) and Son ( Age above 18 years )( taking higher education) LIC Premium & PPF Amount, Can Department will allow deduction under section 80C for A.Y. 2018-19
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K Srinivas, CMA CS

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K Srinivas, CMA CS (Expert)
08 March 2018 Yes, both are allowed as deduction for AY 2018-2019
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K Srinivas, CMA CS

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K Srinivas, CMA CS (Expert)
08 March 2018 Of course, deduction is allowed up to maximum Rs.1.50 lakhs under 80C

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