We are getting Medical reimbursement equivalent to One month basic and da, would I be getting the benefit of deduction u/s 80D of the IT Act in respect of LIC's Health Plus Policy.
Manish
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rebate u/s 80D of IT
Replies (5)
80-D can be claimed on actual payment for Medical insurance premium & only by cheque payment & u r getting med. reim. invest thn claim.
In A.Y 2008-09, the payment mode of 80D has been relaxed.
Now it can b availed in "any mode other than cash"
Also the Quantum of Deduction has Changed :
15000/- normally And
20000/- when Insurance Premium is on the health of a Senior Citizen.
yes,Claim 80D for 15000/- by making payment thru cheque.This have nothing to do with Medical Exp.Reiumbersement,
medical deduction U/s 17(2) max up to 15000/-
and Deduction U/c 80D max up to 15000/-
i can take both deduction . i am a salary persion.
Yes. You can take both.
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