Deduction of lic premium
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
27 July 2011
If premium is paid from husband A/c, Is wife can take deduction of LIC premium or deduction can be taken by the person from which A/ payment is made.
27 July 2011
If the account at the time of payment is in joint name, anyone of the joint holders can take the benefit.
Else, only payer can take the benefit.
Else, only payer can take the benefit.
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