dduction U/s 80 C
This query is : Resolved
24 November 2010
if the payment of LIC paid by assessees wife whether the assesse is eligible to take the deduction for the same.
24 November 2010
YES ASSESSEE CAN CLAIM THE DEDUCTION
24 November 2010
Agree with expert
But payment should be made by the assessee
But payment should be made by the assessee
24 November 2010
Deduction is available to the payee only.
So if wife paid the LIC premium the 80C deduction will be available to her only.
So if wife paid the LIC premium the 80C deduction will be available to her only.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- TDS U/S. 194NF
- Applicable TDS rate for sale of property in Nov 2024
- Tds on building rent monthly
- Event company query
- MIS MATCH OF INVOICE NUMBER
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
Trending Online Classes
CAclubindia
