Business and profession

*mediclaim" insurance premium amount to 15000 out of which 6000 paid in cash ..
..
deductible or not ?
Replies (4)
Quick Summary
This discussion clarifies the deductibility of Mediclaim insurance premiums under Section 80D, specifically addressing cash payments. While a portion of the premium was paid in cash, it's generally not deductible unless it relates to preventive health check-ups or is for a senior citizen. The conversation also touches upon why cash payments might be deducted from receipts even if below a certain threshold.

Cash portion not allow to take deduction under section 80-D
Yes... You can claim.

As per section 80D(2B), you cannot claim deduction for Rs. 6000 as it is paid in cash. However, you can claim if the amount is related to preventive health check up or the amount paid is related to a senior citizen

I m asking for the head pgbp
the amount paid in cash is not more than 10k
then
why it's deducted from receipts ...

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