Section 80 C of IT act covers the Life Policies taken on the life of " CHILD " of the individual. In this connection, I would like to know weather " CHILD" includes grand child also. Is there any case law on the subject.
Shyam Vasudevan (31 Points)
06 January 2021Section 80 C of IT act covers the Life Policies taken on the life of " CHILD " of the individual. In this connection, I would like to know weather " CHILD" includes grand child also. Is there any case law on the subject.
CA. Sourav Sarkar
(Chartered Accountant )
(24583 Points)
Replied 06 January 2021
Kapadia Pravin
(17259 Points)
Replied 08 January 2021
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