80d deduction in group mediclaim

ars (CS) (445 Points)

13 June 2016  

In a co. for the group mediclaim policy for the employee and their family the annual premium is paid by the employer. 

The policy is on sharing basis, where by the premium is  paid on 50 -50 basis by the employer and the concerned employees. 

The employees’ contribution (50%) are deducted from their salary.  

The queries are :

 Whether the individual employee shall claim deduction u/s 80D for the 50% or part of premium paid by it, during the FY. Whether the premium paid by the employer (50% or part) amounts to perquisites ?– taxable in the hands of the employee? request to reply with citation from the act / tax laws.