Re: service tax
This query is : Resolved
05 November 2016
Sir,
When I am filing my income tax in 80D can i claim the full amount paid as premium 1.e final premium + service tax or only the final premium paid.
When I am filing my income tax in 80D can i claim the full amount paid as premium 1.e final premium + service tax or only the final premium paid.
05 November 2016
amount paid towards the premium includes service tax as well.
20 July 2025
You can claim deduction only on the actual premium amount paid excluding service tax.
Service tax (or GST now) is not eligible for deduction under Section 80D. The deduction is allowed on the premium amount paid towards the health insurance policy, not on the taxes paid on that premium.
So, while filing your Income Tax return under 80D, claim only the base premium paid, excluding service tax.
Service tax (or GST now) is not eligible for deduction under Section 80D. The deduction is allowed on the premium amount paid towards the health insurance policy, not on the taxes paid on that premium.
So, while filing your Income Tax return under 80D, claim only the base premium paid, excluding service tax.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GSTR9- ITC
- Audit of F and O T/O
- GST 9- Table 8
- REVENUE RECOGNITION AS PER IND AS 115
- RCM on GTA Services
- How to update Transaction data in broker samco account holding after transfer shares KARVY
- Applicablity on tds
- Unable to generate and save json file for updated return
- GST payable under RCM
- WRONGLY UPLOADED 10IF FOR COOPERATIVE SOCIETY
- Related to Rate of Depreciation
- Mismatch of Sales Invoice in GSTR-1
- Query on Mismatch of Sales Invoice in GSTR-1
- Import purchase entry
- Rule 54(1A) for Distributing ITC
- EXCESS CREDIT REALTED GST REVERSAL
- Export invoice not reported
- CA Articleship Extension Matter
- GST OFFICER WRONG NOTICE
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
Trending Online Classes
CAclubindia
