EASYOFFICE

80c

This query is : Resolved 
Profile Image

Profile Image

(Querist)
25 February 2015 husbund & wife both are salaried person & both are having taxble income. in this case can they use life insurance policy
each other under sec 80C ?
Profile Image

CS,CA F,Numrologi TusharSampat

Profile Image

CS,CA F,Numrologi TusharSampat (Expert)
25 February 2015 use means i didnt get it pls elaborate?
Profile Image

Rupesh Jain

Profile Image

Rupesh Jain (Expert)
25 February 2015 WHY IT REQURIED ? CLAIM SELF POLICY FOR CLAIM U/S 80c
Upgrade to CAclubindia Pro. Subscribe Now!

Profile Image

CMA. CS. Sanjay Gupta

Profile Image

CMA. CS. Sanjay Gupta (Expert)
25 February 2015 Yes they can claim deduction u/s 80C for LIC Premium paid on each others life. Whoever makes the payment, whether husband or wife, can claim the deduction.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


EasyOFFICE CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links