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80-c

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Querist : Anonymous

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Querist : Anonymous (Querist)
30 November 2013 If husband and wife both are earning members then can husband can get rebate u/s 80-C for LIC premium of WIFE paid by husband thru a/c payee cheque from his bank account orvice versa.
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
30 November 2013 yes, if the husband has paid the premium, then he can claim it. Wife's income or job shall not be relevant.
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
30 November 2013 Yes. LIC premium paid for spouse can be claimed vice versa
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