80D claim for payment paid by parent
Sunil Bafna (44 Points)
24 November 2024Sunil Bafna (44 Points)
24 November 2024
Rama chary Rachakonda
(Master in Accounts & high court Advocate)
(8403 Points)
Replied 24 November 2024
To claim the deduction, you will need to meet the following conditions:
1. The payment should be made by cheque.
2. The payment should be made to a registered insurer or a licensed insurer.
3. The premium should be paid for a health insurance policy that covers your parent.
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