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U/s 80 c

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(Querist)
11 March 2010 If father purchase Insurance Policy for his son name and son not dependent on father and father not dependent on father then it is possiable son clain benefit u/c 80c
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CA SANJAY MUKHERJEE

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CA SANJAY MUKHERJEE (Expert)
11 March 2010 For claiming benefit under section 80 C payments must be made by the taxpayer.

So if the son has to claim the benefit he should pay the premium towards Insurance policy.
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
11 March 2010 AGREE.
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
14 March 2010 agree.

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