80C (LIC)
Pranay Dubey (51 Points)
05 August 2018
deduction of lic of children paid by the father can be taken or not in the fathers return ??
2 Replies
A B Kundu
(Professional)
(1422 Points)
Replied 05 August 2018
Yes, the assessee can claim deduction for payment of LIP for his spouse as well as children.
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 05 August 2018
Yes... Father can be avail the deduction if he laid the LIC premium due.
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