Deduction u/s 80c

This query is : Resolved 

18 December 2013 hello sir,
a person pay the insurance premium his son's name 152000.
who can claim the deduction u/sec 80c.
both are having incomes more than 500000.
please reply me.

19 December 2013 person who paid the premium .

19 December 2013 person who paid the premium is eligible to claim deduction. In this case father is eligible.


19 December 2013 person who paid the premium is eligible to claim deduction. In this case father is eligible.

19 December 2013 i asked the same question in this site one person(mba,cma,b.com) replied son is eligible deduction u/sec 80c
sir please give me correct answer.

19 December 2013 Under section 80C ,deduction is available to the person who made the payment .For reference see section 80C sub.sec. 2.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries