80D claim for payment paid by parent
Sunil Bafna (45 Points)
24 November 2024Sunil Bafna (45 Points)
24 November 2024
Rama chary Rachakonda
(Master in Accounts & high court Advocate)
(8626 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.