I have a mediclaim policy for myself, wife and my daughter for which I take rebate u/s 80D. I have also taken a mediclaim policy for my parents only and I am paying the premium. My parent don't claim any rebate u/s 80D. Can I take rebate u/s 80D for this policy also.
Yes you can only if your parents are dependent on you.
yes upto 25000/30000 as the case may be.
Yes an additional 15000/- is available for parents
15000 has been increased to 25000 in finance act 2015.
wheather parents are dependent or not doesn't matter . u will get deduction u/s 80D of IT act upto 25000 or 30000 if senior citizen.
Can any one guide me relief u/s 89. Whther the relief is combined of Annexure I (Salary in arrear) & II (Gratuity) or any one is taken while claiming.? Please help me out.
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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