Mediclaim premium

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
06 February 2014 If a person pays Mediclaim Premium of Rs.30000 for self, Rs.35000 for his wife and Rs.30000 for his father who is a senior citizen. How much deduction can he get under section 80D?

06 February 2014 Total deduction u/s 80D would be for Rs.35,000.

Rs. 15000 for self/spouse (presuming they are not senior citizens) plus 20000 for parent (senior citizen).

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
06 February 2014 Thanks for the prompt reply..would the answer be same if the person and his wife have different policies ?

06 February 2014 Yes, the deduction would be same. But, wife can claim separate deduction if she is paying the premium.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
06 February 2014 So, in any case the deduction can't exceed Rs.15000?

06 February 2014 For the narrated facts, deduction would be 15000 for self/spouse.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro

Follow us
add to google news


Answer Query



Company
05 July 2026
Financial Controller

NovumLake Partners

Mumbai

CA

View Details
Company
ARTICLESHIP 28 June 2026
Article Assistant

Sharma Chetan And Company

Gurgaon

CA Inter

View Details
Company
25 June 2026
AUDIT MANAGER

JDAS & ASSOCIATES

New Delhi

CA

View Details
Company
Featured 24 June 2026
HEAD - AUDIT AND TAXATION

A R JADHAV AND ASSOCIATES

Mumbai

CA Inter

View Details
Company
29 June 2026
Accountant (Finance & Compliance)

TRIEYEZ

Kolkata

CA

View Details
Company
ARTICLESHIP 24 June 2026
ARTICLE ASSISTANT

BHUPINDER SHAH AND COMPANY

New Delhi

CA Inter

View Details
Company
06 July 2026
Accountant

Agarwal Anoop and Associates

Noida

CA Final

View Details
Company
20 June 2026
Chartered Accountant

ANV & Company

New Delhi

CA

View Details