Can an assesse claim deduction u/s 80C for LIC purchased from bank account of minor??
Kamal Verma (Financial advisor) (582 Points)
24 July 2018Can an assesse claim deduction u/s 80C for LIC purchased from bank account of minor??
Sarath Rajendran
(Nil)
(2791 Points)
Replied 24 July 2018
whose name in the policy they can claim deduction
Kamal Verma
(Financial advisor)
(582 Points)
Replied 24 July 2018
Policy is in the name of minor, can parent claim the deduction?