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DEDUCTION U/S 80D : MEDICLAIM INSURANCE


This Deduction is for individual and HUF only.

This Deduction is available only if payment is made by any mode other than cash.

 

For Individual :

(a) Mediclaim of the assessee or spouse or dependant children (maximum Rs. 15,000);

                                                 Plus

(b) Mediclaim of Parents (maximum Rs.15,000).

 

For HUF :

(a) Mediclaim of any member of HUF (Maximum Rs.15,000)

 

Note : In all the above cases if mediclaim insurance is taken for the health of a senior citizen* then Rs. 20,000 shall be substituted in place of Rs.15,000.

 

* Senior citizen means = 65 years or more + resident        

 

ID: 91 | Views: 1034 | Date: 04-05-2013| Posted By:

CA Mohit Jain



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