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If my son is married, can i claim tax benefit for insurance premium paid for him - Anonymous
Yes, you can. As per the Income Tax Act, you can claim tax benefit under Section 80C for the insurance premium paid for your married son.
Section 80C of the Income Tax Act allows you to claim a deduction of up to Rs 1.5 lakh for the premiums paid on policies taken in your name, your spouse's name, or your children's name, regardless of their marital status. So, go ahead and claim the tax benefit for the insurance premium paid for your son.
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