LIP deduction u/s 80c
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
02 March 2010
LIP premium receipt is on name of husband for LIC's Jeevan saathi poicy and paid by husband only.
So can wife claim deduction u/s 80 c against her income by producing that premium receipt?
So can wife claim deduction u/s 80 c against her income by producing that premium receipt?
02 March 2010
No. Wife cannot claim deduction u/s80C against her income. Deduction u/s80C will be available to Husband against his income as he has paid the the premium amount.
02 March 2010
agree
Guest
Guest
(Expert)
02 March 2010
AGREE
02 March 2010
agree
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?
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Inventory of finished goods
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- RCM INVOICING FROM NOV-2024
- Confusion around Form 26QB fields
- Tds on building rent monthly
- Sale of property furniture sale
- Applicability of Tax audit u/s 44AB of income tax act, 1961
- Question about eligibility for tax rebate u/s 87A
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- BUYING PROPERTY COULD NOT FILE 26QB
- Gst input for FY 23-24
- Regarding Waiver of Interest levied u/s 50 of PGST/CGST Act
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- GST Regis.
- IGST Credit-Show cause notice issued-confusion
Trending Online Classes
CAclubindia
