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I am paying LIP to my daughter Rs 12500 per annum since 5
years. last year she got married. Pl advice me whether I
can add her LIP payment to my savings to get Tax benifit
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Answer Posted / ankit jain
no, since she is now married daughter, you cannot claim LIP
as deductionunder Chap VIA of Income-tax act
| Is This Answer Correct ? | 7 Yes | 1 No |
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