Nikhil (Internal Auditor) (208 Points)
05 January 2015Dear All,
I need to know if exps covered on baby fr vaccination during birth & for upto intial 6 months after birth are also included in the below mentioned tax benefit. How much can be the maximum benefit for the same case for Baby & Wife.
What all documents needs to be kept while claiming the dedn.
| Medical Insurance Premium including preventive health checkup up to Rs 5000/(U/s 80D) - Parents not being Senior Citizens ( Maximum limit Rs 15000) |
Regards
Nikhil
CA Ragini
(CA)
(405 Points)
Replied 05 January 2015
You can claim a maximum deduction of Rs 30000/- u/s 80D (i.e., Rs 15000/- towards your mediclaim policy including wife and baby & Rs 15000/- Towards parents in case they are not senior citizen) And as you are talking about Rs5000/- for preventive health check up deduction that amount is already included/considered in Rs 15000/- as you can claim for yourself+wife+baby.
And if you have to claim deduction only under preventive health checkup then you can claim maximium 5000/- towards yours+wife+baby+parents.
Madav
(Senior Consultant)
(172 Points)
Replied 05 January 2015
Child immunization is part of preventive care
Nikhil
(Internal Auditor)
(208 Points)
Replied 06 January 2015
Dear All,
There is no personal Medical policy for Self or Wife. Its from Company side .
Have paid for Medical Insurance of Parent (app 40K annual )being a senior Citizen & also for vaccination of baby (app 15K in first 3 months).
what about the documents to be kept as evidence ??
Thanks & Regards
Nikhil
CAclubindia
