lic in the name of member of huf claim ded 80c
This query is : Resolved
06 April 2018
Dear sir,
please help on this query
my query is individual (member) or huf who can claim deduction under sec 80c
please help on this query
my query is individual (member) or huf who can claim deduction under sec 80c
06 April 2018
1.Life Insurance Premium:
It includes Life insurance premium paid by H.U.F. The policy should be taken on the life of any member of the family.
Insurance Premium cannot exceed 10% of sum assured, if policy is issued on or after April 1, 2013.
It includes Life insurance premium paid by H.U.F. The policy should be taken on the life of any member of the family.
Insurance Premium cannot exceed 10% of sum assured, if policy is issued on or after April 1, 2013.
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