Nikhil Talreja (Others) (41 Points)
05 April 2014Hi,
I have paid medical insurance premium for my dependent parents.
However, the proposer of the policy is my father and my name does not appear on the policy. The only proof I have here is the credit card statement that shows the premium payment.
Can I still claim tax exemption u/s 80D on the premium paid ?
Thanks,
Nikhil Talreja
Income Tax Wala: (Fin. Expert)
(Chartered Accountants)
(2015 Points)
Replied 05 April 2014
In my view you can take benefit u/s 80D
it does not make any difference that your name did not show on policy documents.
it will be enough to prove through passport, voter id card, aadhar card etc that they are your parents this would be good enough.
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