Deduction on chapter vi
This query is : Resolved
22 August 2018
DEAR SIR,
I AM A SALARIED PERSON, RESIDENT OF INDIA. CAN I GET THE DEDUCTION ON TERM POLICY Rs 8000 IN INCOME TAX IN CHAPTER VI, AND CAN I ALSO DEDUCTION ON (80D (B) MEDICAL EXPENDITURE) MEDICAL TREATMENT OF MY WIFE (PREGNANCY) Rs. 53000 HOSPITAL BILL
THANKING YOU
REGARDS
KRISHNA PADA SANTRA
I AM A SALARIED PERSON, RESIDENT OF INDIA. CAN I GET THE DEDUCTION ON TERM POLICY Rs 8000 IN INCOME TAX IN CHAPTER VI, AND CAN I ALSO DEDUCTION ON (80D (B) MEDICAL EXPENDITURE) MEDICAL TREATMENT OF MY WIFE (PREGNANCY) Rs. 53000 HOSPITAL BILL
THANKING YOU
REGARDS
KRISHNA PADA SANTRA
22 August 2018
Medical treatment (pregnancy ) not covered under Chapter VIA, Term Life Insurance Is cover under 80C maximum ceiling 150000/- under Chapter VIA.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax on Deemed Capital Gain
- Exiting partner in partnership firm in gst portal
- Type of Capital Gain
- F & O PROFIT REPORTING FOR AY 2026-27
- ASMT-10 received from A O
- Average Cost Of High Quality Diamonds
- Due Date Clarity
- Difference in GSTR3B system generated which is correct and actual Payment it asks
- GST ON TRAVELLING BILLS
- IT returns for fresh job holders
- Applicability of Books of Account for Commission Income (Sections 194D & 194H)
- Gst on travel by air for business purposes
- Loss of interest in PF transfer from EPFO to Trust
- Seeking Advice: High Tax Shortfall on Job Switch + Let-Out House Property Loss in FY 2025-26
- TDS offline utility
- TDS on rent received on hardship compensation being rent on redevelopment of building
- Housing Society-ITR5
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
