banner_ad

Premium of mediclaim , joint savings a/c , joint fd a/c

This query is : Resolved 

09 March 2019 I have joint saving A/C and FD A/C with my mother , please inform me the Interest on Saving A/C & FD A/C to be considered for Income tax calculation. My mother not submit the Income Tax Return.

I have paid premium on mediclaim on the behalf of my mother of Rs 6000/- on 30.09.2018 and also paid premium of Rs 9370/- on 31.12.2018 for me. My mother age is 70 years. Please inform me the deduction U/S 80D.

09 March 2019 80D deduction 6000+9370 int taxable in hands of first name of bank account

09 March 2019 for saving bank and FDR interest you have to check the first name in such account.. if you can prove that such funds are owned by your mother only then interest will be her income.. in your case she is not filing return so she will not have that much funds for FDR so it will be either 50% or 100% in your hands...

You can claim deduction of both medical premium u/s 80D..


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


CCI Pro

Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news


Answer Query



Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details
Company
ARTICLESHIP 28 May 2026
Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details
Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details