lic in the name of husband but paid by wife.. who can claim the deduction ?
8 Replies
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 03 August 2017
In case the husband claim the deductions then wife can't get that paid amount.
If the husband can't claim the amount then wife can claim the Lic deduction.....
If the husband can't claim the amount then wife can claim the Lic deduction.....
Poltu Ghosh
(Job)
(1865 Points)
Replied 03 August 2017
Person who pays the amount will get the deduction. Since your wife has paid the premium she is entitled to claim the deduction.
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 03 August 2017
No... First priority to name of the bond holder......
himanshu
(article assistant)
(56 Points)
Replied 03 August 2017
one person is saying wife other is saying husband.. still unanswered.. is there anyone else who can solve this mistery ?
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 04 August 2017
Okay Enjoy......
The benefits ll be enjoy husband and Wife or Wife or husband.....
If paid Rs. 1. Then Wife claim Rs. 1 and Husband claim Rs. 1 ...........
The benefits ll be enjoy husband and Wife or Wife or husband.....
If paid Rs. 1. Then Wife claim Rs. 1 and Husband claim Rs. 1 ...........
Studentsca
(CA Practice )
(3577 Points)
Replied 04 August 2017
Deduction can be claimed only by wife as she has paid the premium.
CA Chandan Singh
(Practicing Chartered Accountant)
(96 Points)
Replied 05 August 2017
wife will get deduction
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