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RE:RE:Tax exemption
by Amitabh on Apr 22, 2007 10:00 AM

Kindly check again.The reading of Sec 80C(2),(3) and (4a) shows that premium has to be paid on the life of the assessee himself or his spouse or children.In case the assessee is an HUF,premium paid on any member of the family will be deductible.

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All these incomes are tax-free