Section 80 d

Dear Members

 

Strange Problem

 

 

I am filing return of senior citizen by choosing Quick File E-Return option on the efiling website.

 

when i put under section 80D, Rs. 26302, the system is accepting 26302 whereas it shoule be restricting the amount to Rs. 20000 in teh case of a senior citizen. Why is it doing so ?

 

Also i need to know if a senior citizen has two health insurance policies then can he get maximum of 40000 deduction under section 80D.

 

 

regards

Replies (3)
mam becoz maximum limit of exemption is 20k for senior citizen. u cant claim more than that

 AY 2015-16 :-  Under 80D  15000  for normal Citizen and senior citizen  20000

 AY 2016-17 :-  Under 80D  25000  for normal Citizen and senior citizen  30000

In Budget 2015 it has been increased which valid for investment during Fy 2015-16 [AY 2016-17]

I hope this is crystal clear

Dear Anmeet and Shiroor

 

I think both of you didnt get my question.

 

i know for senior citizen limit is 20000 for AY 15-16.

 

But the system is accepting 26302 and NOT limiting it to 20000.

 

My question was that why it was not limiting it to Rs. 20000.

 

Anyhow i got the answer after i studies section 80D from the Act.

 

the reason system is accepting more than rs 20000 in case of a senior citizen is because if a senior citizen also has parents and he has taken health insurance policy in respect of his parents also then he is allowed maxium 35000 if his parents are less than 60 and 40000 if his parents are more than 60.

 

thats why system accepting more than 20000 but in no case it will accept more than 40000.

 

regards

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