Sec 80D of Income Tax Act


This query is : Resolved 

11 July 2008 Please tell me the applicabiliy of sec 80D for FY 2008-09.The limit prescribed

11 July 2008 An additional deduction of Rs.15, 000 allowed under Section 80D to an individual paying medical insurance premium for his/her parent or parents.

11 July 2008 General deduction - Rs. 15,000/-
Additional deduction is available where the assesse or his wife or fer husband, or dependent parents or any member of the family is a senior citizen.


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