CA Loan Bajaj Finserv
CA Final Online Classes
CA Classes

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

DEDUCTION U/S 80 D

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
FOR CLAIMING DEDUCTION OF MEDICLAIM WHETHER IT IS REQUIRED TO PAY THE PREMIUM AMT FROM HIS OWN BANK ACCOUNT OR NOT.
IF PAYMENT MADE FROM A PERSON'S SPOUSE OR PARENT THEN A PERSON CAN CLAIM DEDUCTION FROM HIS INCOME.

The payment should be out of his income chargeable to tax and as a corollary, restricts payment from his own bank account meaning thereby, as per my understanding, if paid from wife's bank account dis allowance is very much possible.

yes, he can claim deduction. There should be payment by cheque, it may be from his account or his spouse or his parent a/c

practically, there is no disallowance in such case, there is some chances in which payment is made from other account, afterwards payment is remitted to such account.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


Similar Resolved Queries

loading





Trending Tags