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80d breakup

neha (Others) (386 Points)

26 August 2019

in the below image A we fill the health insurance premium paid, C is the medical tests...but what is B and who all can claim it?

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14 Replies

Priya J (Tax Consultant) (60 Points)
Replied 26 August 2019

Medical expenditure on the health of Resident senior citizen and very senior citizen for whom no amount is paid to effect/keep in force an insurance on the health ( mode of payment other than cash)

neha (Others) (386 Points)
Replied 26 August 2019

if salaried person and company insurance covers parents then can i claim it or not?

Priya J (Tax Consultant) (60 Points)
Replied 26 August 2019

The main condition to claim the deduction for medical expenditure incurred is that the senior citizen should not be covered under any health insurance policy.

if company insurance covers parents then he cannot claim deduction.

neha (Others) (386 Points)
Replied 26 August 2019

and if i have paid a certain amount too to extend the benefit to cover my parents ... this amount i can show in health insurance premium part?

Priya J (Tax Consultant) (60 Points)
Replied 26 August 2019

No. Only Insurance premium can be claimed.

neha (Others) (386 Points)
Replied 26 August 2019

yea the company has provision to pay about rs 3000 extra to cover my parents too in the insurance which i took...so this 3000 can i claim in the health insurance premium?

Priya J (Tax Consultant) (60 Points)
Replied 26 August 2019

Is the amount of Insurance premium you regularly paid increased by 3,000/- for every installment? Or was it one time payment?

neha (Others) (386 Points)
Replied 26 August 2019

one time for whole year...every year company allows us to take it , so eevry year i pay the extra amount

Priya J (Tax Consultant) (60 Points)
Replied 26 August 2019

Only the amount mentioned as Insurance premium paid in the Receipt you received can be claimed.. so just a provision made is not premium... Have you checked the amount mentioned in receipt?

Suresh Thiyagarajan (Student) (3986 Points)
Replied 26 August 2019

1. As per sec 80D(2) clause (c) and (d) talks about medical expenditure for self and family.
2. The maximum amount that is available as deductions would be Rs. 50,000 per year.
3. If you have paid a premium for your parents too then that shall also be included as a part of sec 80D.
Please correct me if the above solution has an alternative view.

neha (Others) (386 Points)
Replied 26 August 2019

Originally posted by : Priya J
	Medical expenditure on the health of Resident senior citizen and very senior citizen for whom no amount is paid to effect/keep in force an insurance on the health ( mode of payment other than cash)

priya...so if company covers my parents in the insurance scheem by them i cannot clain in the b part right!...for my parents who r senior citizens where can they claim their medicine expenses etc since standard deduction is not available for them

Kapadia Pravin (17249 Points)
Replied 26 August 2019

Provided that the amount referred to in clause [c] or clause [d] is paid in respect of a senior citizen and no amount has been paid to effect or to keep in force an insurance on the health of such person:

There is no co-relation between standard deduction and medical deductions.

neha (Others) (386 Points)
Replied 26 August 2019

Originally posted by : Kapadia Pravin
	Provided that the amount referred to in clause [c] or clause [d] is paid in respect of a senior citizen and no amount has been paid to effect or to keep in force an insurance on the health of such person:There is no co-relation between standard deduction and medical deductions.

plz tell in layman language...i didnt understand a thing...say i didnt pay a penny and company covers my parent too in the insurance scheme...

1) can i put the medicines bills extra costs in 80D b part

2) for any senior citizen where can they put the bills to claim the deduction with out without health insurance