Mediclaim premium deduction under 80D
This query is : Resolved
22 February 2024
1. 80D allows deduction upto 25k for mediclaim of assessee and family and 50k separately for senior citizen parents of assessee. Now often many assessees take single mediclaim policy covering both in one policy, where separately amount for parents and family is not available. How to take deduction for the same?
2. Also if apart from these if assessee has another policy as well in which only family is covered and not parents, what limits would be applicable?
2. Also if apart from these if assessee has another policy as well in which only family is covered and not parents, what limits would be applicable?
22 February 2024
80D deduction Up to ₹25,000 paid for self, spouse, dependent children or parents. Up to ₹50,000 if family or your parents are senior citizens (60 years and above)
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Gst on ocean freight ON FOB
- E Compaign Notice
- Query on clubbing of income
- INCOME RECEIVEING FROM RENTING TRUCK
- GST 9C validation error
- Non filling of income tax return due to non taxable income
- IGST import goods
- Can a CA not holding "Certificate of Practice" become mutual fund distributor in India
- Cost of acquisition for computing capital gain not to include interest under section 24(b)
- Let Out Property (Co-Owner and Co-Borrower)
- CAPITAL GAIN ON SALE OF PROPERTY
- Can the E-Way bill be generated after the invoice date
- HIGH VALUE TRANSACTION
- TDS ON EMPLOYEE SALARY LESS THAN 7 LAKHS
- REPLY TO SCN RECIEVED UNDER RULE 16(4)
- Filing of Form MGT 14 : Loan from Directors
- CAN HUF RECEIVED GIFT FROM A KARTA FATHER, WILL IT WE EXEMPTION IN THE HANDS OF HUF & FATHER BOTH,
- GSTR-9 not filed
- CAPITAL GAIN CALCULATION AGRICULTURAL LAND DEVELOPED AND SELL
- RECIEVED DEMAND ORDER TO PAY PENALTY
Trending Online Classes
-
Excel Interactive Dashboards and Data Analysis Certification Course
CA Deepak Gupta27 February 2024
CAclubindia
