banner_ad

Sec 80D of IT Act

Tax queries 354 views 6 replies

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.

Replies (6)

Yes, provided the receipt is also in joint name.

Who has paid the premium amount?

As long as the receipt is likewise in joint names, then yes.   basketball stars

If it is in joint account then there will be both names on the policy document..

So each may claim 37500/-
Yes you can claim
@ Chinnu D M,

Only payer can claim deduction


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details