Whethergst paid on mediclaim eligible for deduction u/s 80d

I had paid 20000 prem + 3600 GST for me and my family as mediclaim. Will i get deduction of 20000 or 23600. Pls confirm. Similar amount also paid under separate mediclaim policy for senior citizen parents also
Replies (5)

Rs. 23,600/- total ampunt paid with GST.....

"..........the whole of the amount paid to effect or to keep in force an insurance on the health of the assessee or his family............"

Thanks for clearing the confusion

Welcome........

Dear Sir

can you provide any circular or notification on above issue...

Its vexed issue. No notification as such; but the wording of the section itself states .... whole of amount paid to effect or to keep in force an insurance on the health of ....... as stated below::

 

80D. (1) In computing the total income of an assessee, being an individual or a Hindu undivided family, there shall be deducted such sum, as specified in sub-section (2) or sub-section (3), payment of which is made by any mode as specified in sub-section (2B), in the previous year out of his income chargeable to tax.

(2) Where the assessee is an individual, the sum referred to in sub-section (1) shall be the aggregate of the following, namely:—

(a)  the whole of the amount paid to effect or to keep in force an insurance on the health of the assessee or his family or any contribution made to the Central Government Health Scheme or such other scheme as may be notified by the Central Government in this behalf or any payment made on account of preventive health check-up of the assessee or his family as does not exceed in the aggregate twenty-five thousand rupees; and

(b)  the whole of the amount paid to effect or to keep in force an insurance on the health of the parent or parents of the assessee or any payment made on account of preventive health check-up of the parent or parents of the assessee as does not exceed in the aggregate twenty-five thousand rupees;

(c)  the whole of the amount paid on account of medical expenditure incurred on the health of the assessee or any member of his family as does not exceed in the aggregate [thirty] thousand rupees; and

(d)  the whole of the amount paid on account of medical expenditure incurred on the health of any parent of the assessee, as does not exceed in the aggregate [thirty] thousand rupees:

Provided that the amount referred to in clause (c) or clause (d) is paid in respect of a [very] senior citizen and no amount has been paid to effect or to keep in force an insurance on the health of such person:

Provided further that the aggregate of the sum specified under clause (a) and clause (c) or the aggregate of the sum specified under clause (b) and clause (d) shall not exceed [thirty] thousand rupees.

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