Deduction u/s 80-d

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6 Points Posted on 09 August 2020
good afternoon , i want to confirm whether assessee claim deduction of parents- in -law insurance premium paid by assessee himself
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On 09 August 2020 at 15:23 Report
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This discussion clarifies tax deductions under Section 80D of the Income Tax Act. It addresses whether an assessee can claim a deduction for health insurance premiums paid for their parents-in-law. The consensus is that deductions under Section 80D are only applicable to health insurance policies purchased for one's own parents, not for parents-in-law.

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Tax and Business Consultant
11616 Points Posted on 09 August 2020
You can only claim deduction under section 80D on health insurance bought for your parents and not for your parents-in-law.
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On 09 August 2020 at 15:55
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6 Points Posted on 09 August 2020
Ok thank you
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On 09 August 2020 at 16:04
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Tax and Business Consultant
11616 Points Posted on 10 August 2020
Welcome,..........
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On 10 August 2020 at 09:38

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