Query regarding 80d deduction

ITR 324 views 1 replies

Dear All 

Wanted to know whether 80D deduction should  be claimed in the year payment is made or the period of mediclaim 

For ex for AY 2014-15

Financial Year 2013-14

The mediclaim was paid in March 2012 but the policy duration was April 2013-April 2014

Can i claim deduction for AY 2014 (I have not claimed the same for AY 2013-14)

Anjali Saigal

 

Replies (1)

Deduction u/s 80D is claimed on payment basis.In your case If you have made payment in march 2012 then ded should have been claimed in 11-12( i guess u have wrongly mentioned march 2013 as march 2012)


CCI Pro

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