Mediclaim insurance preimium for parents
This query is : Resolved
06 March 2013
Dear All,
My father has taken mediclaim policy in his name, usually I use to pay premium from my account & take tax benefit u/s. 80D. This year my father has paid premium form his account later I gave him a cheque equal to the premium.
Could I take benefit u/s. 80D for med. ins. premium for parents. Though I have not paid to insu. provider from my account but I have reimbursed it to my father. ultimately it has been paid from my chargeable income to tax.
Thanking You,
Avinash
My father has taken mediclaim policy in his name, usually I use to pay premium from my account & take tax benefit u/s. 80D. This year my father has paid premium form his account later I gave him a cheque equal to the premium.
Could I take benefit u/s. 80D for med. ins. premium for parents. Though I have not paid to insu. provider from my account but I have reimbursed it to my father. ultimately it has been paid from my chargeable income to tax.
Thanking You,
Avinash
CA Parul Saxena
(Expert)
06 March 2013
No this year you can not take the benefit
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