Can a person in INDIA of Hindu Undivided family take benefit of ITax rebate u/s80C of LIC premium?
That a person in his own name invested 1lacs rupees in ELSS and insurance under 80C. Can he again get benefit under section 80c for investment in insurance policies under the Hindu Undivided Family pancard. That means will he get tax rebate for investment of 2lacs in ELSS and insurance schemes against the normal limit of 1lacs. will he get tax benefit for 2lacs.