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80C deduction, Income Tax

Issue Id: - 3875
Dated: 2-3-2012
By:- Mukund Honkan

80C deduction

Contents

LIC premium paid for Life Insurance of brother who is dependent, whether it will get allowed u/s 80 C. We understand that only premium paid on behalf of spouse or children is allowed, whether other dependents covered under section 80C. Regards, Mukund M Honkan

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Showing Replies 1 to 1 of 1 Records

Page: 1

1 Dated: 2-3-2012
By:- Vivek Harsh

under 80C such individual, spouce and children are covered. Dependent brother are not covered.

Page: 1