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80d deduction

Indira (CA ) (1379 Points)

16 August 2018

If an assessee is paying premium for his non resident father aged 84 years what is the amount allowed as deduction?

25000 or 30000

Thanks

Indira K V

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5 Replies

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (160332 Points)
Replied 16 August 2018

Rs. 25,000/- [inference sub-sec. 80D(2)]

Sheetal Jain (.) (894 Points)
Replied 16 August 2018

The assessee will not get deduction as his father is a non - resident as per the Explanation given for very senior citizen in Section 80D for F.Y.2017-18

https://www.incometaxindia.gov.in/pages/acts/income-tax-act.aspx

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Indira (CA ) (1379 Points)
Replied 16 August 2018

But in DTAA IN icai material they have allowed the assessee a deduction of RS. 25000 as he is a non resident

Sheetal Jain (.) (894 Points)
Replied 16 August 2018

Saw the Solution given by ICAI,from that I think its being said that the extra benefit of 5000 which a resident senior citizen is getting will not be there for non resident senior citizen.

Ashwin Kumar (CA ipcc) (447 Points)
Replied 16 August 2018

25000 additional deduction of rs 5000 for senior citizen will be available only if they are resident in the previous year for which you are claiming deductuon under section 80d