17 December 2011
MEDICLAIM PREMIUM PAID BY FATHER FOR JOINT MEDICLAIM POLICY COVERING FAMILY MEMBERS TWO DAUGHTER A SON & SPOUSE UP TO PARTICULAR YEARS THEN THAT PREMIUM PAID BY A SON FROM HIS INCOME FOR ABOVE JOINT POLICY FOR A YEAR THEN WHETHER DEDUCTION FOR THE SAME AVAILABLE TO SON U/S 80 D
18 December 2011
A son can avail deduction of medical insurance premium covering himself, spouse, his children and parents. . Premium paid in respect of sisters will not qualify for deduction.