is the amt of rupees 5000 of preventive health chechk up included in amt of 15000 in deduction u/s 80D or its over and above 15000?
is the amt of rupees 5000 of preventive health chechk up included in amt of 15000 in deduction u/s 80D or its over and above 15000?
Read more: https://www.simpletaxindia.net/2012/03/deduction-on-preventive-health-check-up.html#ixzz2Nc3jYcec
YES, ASHIMA
1.Preventive health check can be paid in cash wch is restricted upto Rs5000.
2.Such preventive health is allowed u/s80D...n such amount include within the limit of Rs15000 if the amount is paid by a. Individual:For himself ,spouse and dependent children. b.Individual:For parents but such benefit is not avaiable for HUF:For Member.
3.Such amount in included within the limit of Rs20000 in case of senior citizen who age is 60years or more during the previous year.
Benefit is also available to HF as well
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Sl.No.
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I.T. Sec.
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Nature of Deduction
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Amount of deduction
|
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3.
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80 D
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(a) Health Insurance Premium paid by an individual/HUF by any mode of payment other than cash to effect or keep in force an insurance on the health of the assessee(self) or his family(spouse & dependent children) for policies taken from General Insurance Corporation /other approved Insurance Regulatory and Development Authority or any contribution made to the Central Government Health Scheme or any payment made on account of preventive health check-up subject to a maximum of Rs.5,000.
(b) Medical Insurance Premium paid by an individual/HUF by any mode of payment other than cash to effect or keep in force an insurance on the health of his/her parent or parents for policies taken from General Insurance Corporation /other approved Insurance Regulatory and Development Authority or any contribution made to the Central Government Health Scheme or any payment made on account of preventive health check-up subject to a maximum of Rs.5,000.
(c) For Senior Citizens in respect of (a) & (b) above
Preventive health check up
by any mode, including cash, in respect of any sum paid on account of preventive health check-up
For himself ,spouse and dependent children |
Upto Rs.15,000
Upto Rs.15,000
upto Rs 20000
up to 5000/- included in above limit.
|
Well, thats included:
Indl:
Family:- Mediclaim + Contribution to scheme + Preventive health check up = 15000 + 5000 SC
Parents:- Mediclaim + Preventive health check up = 15000 + 5000 SC
HUF:- Mediclaim = 15000 + 5000 SC
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