Deduction u sec 80d

This query is : Resolved

MAHESHA R (Querist)
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04 September 2017 Dear Experts

My company has made Group Health Insurance policy in Star Health Insurance to Individual Employees for that company has paid the premium including our parents also and parents related premium amount has taken back from our salary after.

Kindly advise whether that parents related premium is admissible for deduction under sec 80D in Income Tax and what documents should i produce to company and income tax for that.

K Srinivas, CMA CS

K Srinivas, CMA CS (Expert)
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04 September 2017 Since you pay the employer back the insurance premium amount, you can still claim the deduction for yourself and your parents. Just ensure to keep a documentary evidence like salary slip where the amount is recovered by employer

MAHESHA R

MAHESHA R (Querist)
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05 September 2017 Thank you sir and company has deducted only parents portion of premium from my salary and same amount i declared for Income tax deduction and company is refusing to consider that premium deduction from salary slip.
Kindly advise in this case how to convince our company this is eligible for deduction under sec 80D

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