25 July 2014
I have completed 60 year as on 30/04/2013 and paid mediclaim premium for two years Rs. 43752/-. I want to know (1) whether my exempted limit would be Rs. 2.5 lacs? (2) whether i will get benefit of mediclaim paid two year? and (3) ITR 1 system calculation is showing Rs. 35000/- as mediclaim deduction is it o.k.
CAclubindia
