Doubt on 80c deduction for lic premium
Anonymous (-) (279 Points)
28 March 2017Anonymous (-) (279 Points)
28 March 2017
Piyush Tanwar
(Assistant Manager - Accounts)
(1432 Points)
Replied 28 March 2017
parents can deduction of the premium paid on the behalf of children.
Payment must be through parents bank account
Anonymous
(-)
(279 Points)
Replied 28 March 2017
child transfering amount to parent and final payment through parents account is permissible?
Anonymous
(-)
(279 Points)
Replied 24 May 2017
Can Child take deduction, if payment is made by parent on behalf of Child (i.e. Policy for the Child)?
Anonymous
(-)
(279 Points)
Replied 31 May 2017