23 February 2019
Can anyone tall me that the payment of health insurance premium paid by a married daughter can claim deduction under any section of income tax.And please also confirm the married daughter parent consider relative or Not
25 February 2019
For the purpose of section 80D (medical insurance premium), payments can be made for parents (dependent or otherwise). Deduction available where payment made for the benefit of family and parents. Family includes individual, spouse and dependent children. Parents includes mother and father (dependent or otherwise).
CAclubindia
