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Tax rebate onpayment of lic premium for grandaughter

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Querist : Anonymous

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Querist : Anonymous (Querist)
20 June 2013 Hi,
I am a retired banking professional.
I want to know can i get rebate on lic premium paid for my granddaughter.
plz reply
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CA Kapil Verma

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CA Kapil Verma (Expert)
20 June 2013 no , 80 C is available only on premium paid for spouse and children.
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Ganeshbabu K

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Ganeshbabu K (Expert)
20 June 2013 You cannot take 80C benifit on lic payment of grandfather

you can take lic payments for spouse and children

Thanks & regards
Ganesh babu k
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