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Querist : Anonymous

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Querist : Anonymous (Querist)
25 April 2013 can a son paid his parents lic premium and get deduction.
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Pankaj Gupta

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Pankaj Gupta (Expert)
25 April 2013 Yes it is allowed u/s 80c.
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CA Dileep Surya Kumar

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CA Dileep Surya Kumar (Expert)
25 April 2013 No, Not allowed. If father pays in the name of son then allowed.
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Pankaj Gupta

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Pankaj Gupta (Expert)
25 April 2013 Sorry for the wrong reply... Yes its not allowed.

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