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Whether deduction available u/s 80d

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Querist : Anonymous

Querist : Anonymous (Querist)

16 June 2017 Hello Sir/Madam,

Please let know whether a person can get deduction u/s 80D of Income Tax Act in respect of the medical insurance premium (50%) deducted by the company directly from his/her salary and paid to the insurance company. (First, the company pays the 100% premium and then recovers 50% from the salary of the employees)

The policy is in the name of the company.

Thanks.

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)
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17 June 2017 Part of the health insurance premium paid out of salary and the other part is paid by employer then only the first part that is paid by employee will be eligible for tax deduction i.e. if it covers in your CTC then you are eligible or else you are not eligible.

Querist : Anonymous

Querist : Anonymous (Querist)

17 June 2017 Thanks a lot!

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