Can we claim Sec 80D Medical Insurance premium for Travel Health Insurance

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This query is : Resolved

Quick Summary

This discussion explores whether premiums paid for overseas travel health insurance can be claimed as a deduction under Section 80D of the Income Tax Act. While some tax professionals have differing opinions, the consensus here is that since it is a health insurance policy, it should be eligible for the deduction. It is advised to claim it, as it is likely to be allowed.

Sach

Sach (Querist)

17 September 2023 I dont have any health insurance but have paid for an Oversaes Travel Health Insurance policy ? Will I be eligible for claiming deduction as per the limits u/s 80D ?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)

17 September 2023 Yes, you can claim as it's a health insurance policy.

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Sach

Sach (Querist)

18 September 2023 Thanks Mr Seetharaman. A number of CAs I spoke to had different views. We could not find any clarification either way ? If you have seen something then kindly let me know

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)

18 September 2023 It's nothing but a health insurance policy so eligible for 80d exemption. Claim it it will be allowed.

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