Deduction u/s 80C
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
22 June 2010
Can a mother claim deduction u/s 80c in repect of LIC premium paid in the name of married daughter.
22 June 2010
Yes.Even married daughter premium paid can be claimed
22 June 2010
As per section 80 C , in the case of an individual, insurance premium can be paid for the individual himself or for the wife or husband and any child of such individual,
There is any child , it may be married or unmarried. It may dependent or independent .
There is any child , it may be married or unmarried. It may dependent or independent .
22 June 2010
Agreed with Mr. Ramesh and Mr. Bansal. Mother can claim the deduction for LIP paid.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- TDS U/S. 194NF
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- ITC temporary reversal and reclaim
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- Tds on building rent monthly
- Confusion around Form 26QB fields
- Adjustment entry in the case of Individual and HUF on 31st March
- Stock difference tax applicable on composite rate or normal rate
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
Trending Online Classes
CAclubindia
