Sec 80D of IT Act

Chinnu D M (1 Points)

20 October 2022  

My self and my are senior citizens above 60 years. We both file ITR1 every year separately and get assessed. We take floater health insurance policy and pay a premium of Rs.75000 from our joint account. Can we claim deduction under section 80 D Rs.37500 each in our individual returns? Can you please clarify.