banner_ad

Can individual claim service tax amt paid on medi-claim 80d

Tax queries 2666 views 3 replies

Hi,

I pay my Mediclaim Premium + Service tax to Insurance company , can I claim now both the amount u/s 80D or only premium.

If only premium can I apply, then what's service tax portion we individual paid to Govt., its just extra tax we paid from our pocket ?

Replies (3)
Deduction is available on total amount paid for mediclaim including service tax

Not sure but strictly speaking service tax on premium is not eligbile for claiming deduction treating it as part of premium. service tax is tax on service rendered by insurer. Insurer is just acting as collecting agency for service tax ( even in case of TDS :- TDS is not deducted on service tax)

Seems it can be claimed only where separate charge is not made for service tax. 

Request for other members to share if there is any circular on this.

 

Pls note that in all cases, deduction is available for the premium amount paid and amount paid such as Service Tax, Interest on late payment, penalty are not part of Premium, hence ruled out for deduction.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 04 June 2026
Article

Rakhecha & Co.

New Delhi

CA Inter

View Details
Company
22 May 2026
Sr. Financial Analyst - Consolidation

Search Synergy

Mumbai

CA

View Details
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details
Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details