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if a father takes lic policy for his and claims deduction of premium paid u/s 80c, can son also eligible to claim deduction of lic premium paid by him for policy taken by himself?
Replies (3)
Do u mean son pays for the father and the father claims that also u/s 80c?
Please reframe the question proerly, kinda confusing
IF father has taken a lic policy for life of Ms.X(her daughter)and claiming deduction u/s 80c..now if Ms.x takes another lic for life of herself,paying premium and claiming deduction of 80c.can she do so?))
Yes she can do so.
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