Deduction U/S.80D - Premium paid once for 2 years.
This query is : Resolved
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Mahabir Prasad Agarwal
(Querist)
30 January 2022
If I paid Rs.60000/- as Health premium during FY 2019-20 for FY 2019-20 and FY 2020-21
(2 years premium paid once) and claimed deduction U/s.80D of 25000/-n during FY 201-20.
May I claim again 25000/- deduction during FY 2020-21 ?
(2 years premium paid once) and claimed deduction U/s.80D of 25000/-n during FY 201-20.
May I claim again 25000/- deduction during FY 2020-21 ?
30 January 2022
no, you can claim the benefit in that financial year only in which you have paid the premium amount.
31 January 2022
You keep balance mediclaim in prepaid exp and claim 25k in next year.
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