If a individual pay premium of our parent u/s 80c. Is the deduction allowable to individual u/s 80 C.
5 Replies
C.A SHASHANK GOYAL
(Chartered Accountant)
(362 Points)
Replied 08 September 2011
Yes definitely it is allowable .
CA Hardik Bunha
(self)
(2121 Points)
Replied 10 September 2011
HA HA HA HA HA....................Mr. shashank goyal,,,,,,,,,,,,,,,,,,r u CA?
NO DEDUCTION WILL NOT BE ALLOWABLE..................BECAUSE SECTION 80C REFERS Spouce, and dependent child.
ANILKUMAR BODDUL
(CWA INTER - I)
(42 Points)
Replied 10 September 2011
NO DEDUCTION WILL NOT BE ALLOWABLE...
BECAUSE SECTION 80C REFERS Spouse, and dependent child.
U S Sharma
(glidor@gmail.com)
(21063 Points)
Replied 10 September 2011
| Originally posted by : SUNIL | ||
 |
If a individual pay premium of our parent u/s 80c. Is the deduction allowable to individual u/s 80 C. |
 |
why the individual is going to pay the insurance premium of OUR parents ?
Dhanabal Ramasamy
(CHARTERED ACCOUNTANT)
(105 Points)
Replied 10 September 2011
| Originally posted by : hardik bunha | ||
|
|
HA HA HA HA HA....................Mr. shashank goyal,,,,,,,,,,,,,,,,,,r u CA? NO DEDUCTION WILL NOT BE ALLOWABLE..................BECAUSE SECTION 80C REFERS Spouce, and dependent child. |
|
No one will have complete knowledge and know everything.. Never insult others... jus give your views
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