Deduction 80C benefits

This query is : Resolved 

13 January 2010 Who all are eligible to take benefits of Section 80C for Life premia paid from personal a/c??

13 January 2010 The benefit can be availed by the person who is paying the insurance premium.

13 January 2010 If the Assessee is Indiviual- Own,Spouse, Son and daughter life

If the Assessee is HUF- Any member life


13 January 2010 I agreed with the above view

14 January 2010 agree with experts to any Person can take the benefit of sec.80C while payment of his own,spouse & childrens in any LIC. but subject to 1,00,000/-



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