06 October 2012
Dear Sir when i was minor,the Life insuarnce policy was purchased by my parent for my life of their own name from theie own fund and premium was piad from their bank account and also claimed in theit=r retrun of income as deduction under chapter VI-A,now I became a matured,accordingly I have paid premium of said policies and also claimed as deduction under chapter VI-A in my return of income, my question is that is it true, can i take deduction benefit in my retrun of income as per incoem tax provision? kindly give me replay of above query as soon as posible. Thanks Vinod
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