05 March 2019
For 80D exemption, my company has rejected my request stating that the premium is not paid by me. The premium is paid from my father's cheque. But he is not claiming as he is not a tax payer. I submitted self declaration yet , the tax department of my company has rejected saying that I cannot claim this as premium is paid by father.
Kindly clarify if I am not eligible for this. Also pls share me the document / link / bill which states about this.
05 March 2019
Sec 80D of Income Tax Act specifies that premium is to be paid out of your income chargeable to tax to claim the benefit. Hence your company has correctly rejected your claim. Kindly make sure that the premium is to be paid from your account to claim the benefit.
06 March 2019
Hello Chacrapani sir. Can you please send a link to check that. I googled and checked no such information of the payer should be the tax claimer.
CAclubindia
