https://www.taxtmi.com/caselaws?id=65906 An individual assessee may claim deduction for life insurance premia paid on policies taken on the lives of her children even after they attain majority, because section 80C(2)(a)(i) refers to "any child" without limiting the relief to a minor child. The contrast with section 64(1)(iii), which expressly uses the word "minor," supports the view that Parliament did not intend an age restriction in this deduction provision. The commentary and departmental circular considered in the article also support this reading. On that basis, the deduction was allowable and the disallowance was unsustainable. en-us Wed, 05 May 1982 00:00:00 +0530 Sat, 19 Feb 2011 12:11:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=65906 An individual assessee may claim deduction for life insurance premia paid on policies taken on the lives of her children even after they attain majority, because section 80C(2)(a)(i) refers to "any child" without limiting the relief to a minor child. The contrast with section 64(1)(iii), which expressly uses the word "minor," supports the view that Parliament did not intend an age restriction in this deduction provision. The commentary and departmental circular considered in the article also support this reading. On that basis, the deduction was allowable and the disallowance was unsustainable. Case-Laws Income Tax Wed, 05 May 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=65906