Easy Office

Claim deduction of premium paid on wife's mediclaim policy

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
24 June 2015 A husband wants to take mediclaim policy for his wife. And he wants to claim the premium paid by himself for such mediclaim policy, as deduction from his total income.


QUE.:1 Can he claim deduction of such premium paid by him for his wife's mediclaim policy, from his total income?


(NOTE : Here, his wife has her own separate funds, which were received in past some years from sources,like Gifts from her son and from her own small business in past some years.

Now, she gets interest income on such her own funds every year.

And she files her separate income tax return from last year for her such separate interest income.)

QUE:2
IF, his wife pays the premium for her own such mediclaim policy, then can his husband claim the deduction of its premium -paid by wife ?

24 June 2015 1 Yes it can be claimed by husband.
2 If premium is paid by wife only wife can claim deduction.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries