Deduction U/s 80 C

This query is : Resolved 

31 January 2011 I want to know that whether we can claim deduction of insurance premium paid to LIC for parents .

Thanks

31 January 2011 The section does not permit to avail such a deduction.

31 January 2011 No. LIC premium for self / spouse & children is only allowed.

Parents are covered in the mediclaim section of 80D




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