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Deduction under 80C

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Querist : Anonymous

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Querist : Anonymous (Querist)
24 January 2011 Dear Sir/Madam,

The LIC policy is in the name of my father. But as he is retired, I am paying the premium amount from my income.

Can I claim Deductions on LIC premium paid for my father u/s 80 c

Kindly guide me

Thanks in advance
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CA Navin Jain

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CA Navin Jain (Expert)
24 January 2011 You can not avail such deduction
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Ratan Sharma

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Ratan Sharma (Expert)
24 January 2011 No you can not get deduction.
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Guest

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Guest (Expert)
24 January 2011 I agree with the experts

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