80c deduction
This query is : Resolved
31 January 2014
Can Grandmother claim 80C deduction on life insurance premium paid on life of her grandchildren?
Guest
Guest
(Expert)
31 January 2014
NO DEDUCTION IS NOT AVAILABLE TO THE GRANDMOTHER.
31 January 2014
Preminm paid on life of spouse and children (minor or major) is covered u/s 80c.
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