Deduction U/s 80D

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This query is : Resolved

Quick Summary

You can claim an Income Tax deduction under Section 80D for mediclaim premiums paid for your wife, provided you are the policyholder. If your wife purchased the policy herself, even if you paid the premium, you generally cannot claim the deduction. Ensure the policy is approved and payments are made via non-cash methods.

SIDDHARTH MAHESHKUMAR SHAH

SIDDHARTH MAHESHKUMAR SHAH (Querist)

29 April 2020 Can i claim Mediclaim Amount paid for my wife only (Individual) from my account while filling of Income Tax Return U/s. 80D

Please Share Opinion.

Thanx

KAVIRAJA ADDANGADI

KAVIRAJA ADDANGADI (Expert)

29 April 2020 Yes , you can claim deduction u/s 80D

RAJA P M

RAJA P M (Expert)

30 April 2020 If Your wife take the Insurance and You paid premium amount then You can't get deduction... In case You take Insurance for Your wife's name and also You paid the premium then You can claim deduction...

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)

30 April 2020 You can't claim 80 D being not the proposer of the policy.

Aashok Kumar Sharma

Aashok Kumar Sharma

(Expert)

08 May 2020 If you have purchase the policy for your wife, you can claim the deductions in ITR. However please note that:
a. Contribution towards health insurance plan has to made to a scheme as specified by the Central Govt./ approved by IRDA.
b. Payment should be made by any mode other than cash.

Again if your wife herself purchased the policy for own and only being payment is made by you in that case I would like to request seniors here to guide further on this with reference and circulars on the same.

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