under section 80D (2) (a) a deduction of Rs. 25, 000 is available for self and family in respect of amount paid for insurance or Central Govt Health Scheme.
However under sub section 4A it is stated that if the amount paid for insurance is for a period of more than a year then the amount available for deduction is a fraction relating to one year.
In this sub section 4A nothing had been mentioned about amt paid to Central Govt Health Scheme.
Now,is it proper to avail in one year the entire amt paid to CGHS for five year.
Menu
Income tax 80D deduction
Replies (2)
No. It automatically corresponds to the amount paid in the year.... be it to CGHS.
Do you mean only proportionate amount for every year should be availed for CGHS also
Recent Topics :
- Gst refund
- Compliance under Society Act 1860
- Hi experts need help
- How to object stamp duty value if property is sold
- Residential House property and it's loan can shown
- Income Tax Department Website Error While Importin
- Loan & Joining bonus to new employees Chief Ma
- Income Tax NUDGE Notice – Gift of Shares fro
- Is DIR-3KYC Needed
- Looking for a study buddy intermediately Jan 2027
Related Topics :
CAclubindia
