Mediclaim
This query is : Resolved
Guest
Guest
(Querist)
12 June 2009
Dear Sir
I would like to know whether mediclaim paid by cash is allowed as deduction under section 80D or not? In one of my client payment of mediclaim is accepted by Insurance Co by cash. Normally Insurance companies does not accept cash. I also heard from some of my colleagues that Cash payments are not allowed.
Regards
Vishal
I would like to know whether mediclaim paid by cash is allowed as deduction under section 80D or not? In one of my client payment of mediclaim is accepted by Insurance Co by cash. Normally Insurance companies does not accept cash. I also heard from some of my colleagues that Cash payments are not allowed.
Regards
Vishal
12 June 2009
No deduction u/s 80D if paid in cash. The section requires payment by cheque. Clients mistake not the insurance company,
12 June 2009
Agree
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