WBXPress

Reply To: I.Tax rebate.

Home Forums Tax I.Tax rebate. Reply To: I.Tax rebate.

#71996
Anonymous
Inactive

Sir,
May I eligible to claim I.T.rebate in respect of Life insurance premium paid of my father or my adult son who is not depended on us?Waiting for reply.

Welcome Pritam,
you are very naughty I think. Why sir? Please write friend,Partner etc as you like.
No rebate can be claimed for your father’s premium because he is not your spouse or children. The life of your spouse or children qualifies for rebate under I.T. section.
That is why you are entitle to claim rebate for your adult son even though he is not depended on you. With thanks friend.