6 Replies
CA. Ashok shah
(CHARTERED ACCOUNTANT)
(333 Points)
Replied 06 February 2009
In case of an individual, policy should be taken on his own life, life of spouse or any child. Mother is not covered. Hence, Life Insurance Premium paid for policy on the life of Mother is not eligible for deduction u/s.80C.
CA CS VINAYAK PATIL
(CHARTERED ACCOUNTANT)
(921 Points)
Replied 21 March 2009
Vidya what is u r problem you have dont know how to write forum or just kidding with all ca club members
CA CS VINAYAK PATIL
(CHARTERED ACCOUNTANT)
(921 Points)
Replied 21 March 2009
| Originally posted by :harinath | ||
| " | hi whether we can take the ded of rs. 1 Lakh which was paid to Mother on LIC Regards hari |
" |
Sir please submit your forum in right column.
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