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.
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