help on LIC

This query is : Resolved 

04 September 2007 hi

i have a query, that, is there any provisoin for deduction on spouse LIC under Section 80C.

1. if spouse is not working
2. if he/she works but his income is not in any slab & he/she not fill return.
3. if he/she works but his income is not in any slab & he/she fill return.

thaks in advance

Regards

05 September 2007 The dedcution is based on the income fom which you have paid the LIC. If you have made the payment from your incoime you will get the deductions.

Advice to make payment by Cheques

26 September 2007 Correct




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