CA Day celebration 2024 Easy Office
LCI Learning

Deduction under section vi a

This query is : Resolved 
Profile Image

Profile Image

(Querist)
10 March 2012 Who are eligible for Deduction U/S VI A
of LIC Insurance Paid

My Uncle paid a lic for myself is it eligible for deduction in my uncle tax preparation
Profile Image

CMA Ramesh Krishnan

Profile Image

CMA Ramesh Krishnan (Expert)
10 March 2012 Only LIC premium paid for Spouse, Children allowed under 80C. You uncle paid for yourself not eligible to claim by your uncle
Profile Image

CA Suresh Choudhary

Profile Image

CA Suresh Choudhary (Expert)
10 March 2012 Totally agree with expert. And one more thing that decuction u/s. 80C is prescribed under CHAPTER VI-A.( Not u/s. VIA) of Income tax Act, 1691
Upgrade to CAclubindia Pro. Subscribe Now!


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

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CA Day celebration 2024 with Tally CCI Pro

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links