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80d in cash above 5000

deep saddi (Others) (43 Points)

14 March 2014

can i take deduction in 80d after paid 14585/- in cash this year or next year??????

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9 Replies

MANJULA (Article assisstant) (103 Points)
Replied 14 March 2014

When it is paid i can't understand the question pls. explain

Manoj Mehta (Head Of Department (Accounts & Finance)) (1479 Points)
Replied 14 March 2014

Dear deep benefit of 80d is available if paid in cheque. So in your case you will not get the deduction under 80d. Regards

1 Like

SIVARAMAKRISHNAN P.G (CA final student) (129 Points)
Replied 14 March 2014

Yes it is correct

agree with Manoj.

But a deduction of upto Rs 5,000 can be taken if cash payment is made for preventive health check up.

Kariya Nirav Mahendrabhai (Student) (21 Points)
Replied 14 March 2014

Yaa if paid for perventive health checkup then in cash payment allowed upto 5000

CA. ASHWANI MAURYA (CHARTERED ACCOUNTANT) (82 Points)
Replied 15 March 2014

Yes Deduction can be claimed upto Rs. 5000 as Mediclaim under Sec. 80 D; if payment is made othewise than Cheque Mode.

Priyadarshan Tiwari (Student) (41 Points)
Replied 15 March 2014

yes it is correct

SANTOSH (ARTICLESHIP) (21 Points)
Replied 16 March 2014

Can claim only if paid on account payee, demand draft otherthan cash

Income Tax Wala: (Fin. Expert) (Chartered Accountants) (2015 Points)
Replied 20 March 2014

case -1

Suppose you have paid 10000 through cheque for mediclaim insurance and 5000/- in cash for preventive health check up.

in that case you are eligible for INR 15000/- u/s 80D

case -2 Suppose you have paid 10000 through cheque for mediclaim insurance and 5000/- in cash for preventive health check up and 15000/- for your parents (dependent or not) . that you are eligible to deduction of INR 30000/-

case -3 Suppose you have paid 10000 through cheque for mediclaim insurance and 5000/- in cash for preventive health check up and 20000/- for your parents who are senior citizens (dependent or not) . that you are eligible to deduction of INR 35000/-