CHIRAG DEEPAK GANATRA (CA FINAL) (1054 Points)
05 October 2012IM DOING CA
IM ALSO FILING MY RETURN
BUT IT IS SHOWING ONLY 50000-60000
NOW I BUY THE MEDICLAIM POLICY , FOR SAVING THE TAX THE CHEQUE IS GIVEN FROM MY BROTHER IN LAW'S A/C
SO CAN I CLAIM IT IN HIS FILE U/S 80D OR I HAVE TO CLAIM IN MY FILE ONLY
BECAUSE THE INCOME OF MINE IS BELOW TAXABLE LIMIT BUT MY BROTHER IN LAW'S INCOME IS VERY HIGH APPX 500000/- SO IN THAT I WILL SAVE TAX FOR HIM
CA Manish
(Job)
(5264 Points)
Replied 05 October 2012
Neither You nor your brother in law can take this benefit u/s 80D, reasons,
You cannot claim because you havent paid.
Your brother in law cannot claim because you are not covered under the definition of family.
CAclubindia
