80d and deduction u/s 17(2) of of income tax

2631 views 5 replies

wether deduction of Rs 15000 for medicals bills & deduction u/s 80D for medical insurance both can be taken at the same year

Replies (5)

mr udyan please tell me something about carrer as stock broker

which module(BSE/NSE) should i need to do to take a job in stock broker firm 

and also tell me about salalry for a fresher in stock market

Originally posted by :Anil Sharma
" wether deduction of Rs 15000 for medicals bills & deduction u/s 80D for medical insurance both can be taken at the same year "

 

The two things talked about are totally different.........

The sum upto Rs.15000 is the income which is not to be included in the total income of the assessee even though it is spent by the employer on behalf of employee...........[proviso to Sec.17(2)]

whereas the deduction u/s 80D is of the expenditure effected of Rs.15000 in the previous yr........

The medical exp. of the assessee can very well be paid by the employer and at the same time, the assessee had deposited the amount u/s 80D.........

he can claim both........

wat ashish said is correct

he is absolutly right that both r different issues.... 1 can claim both

THANX


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register