80d deduction

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

12 April 2016 Hello Experts,
In AY 2016-17 i have taken 3 medical policy, for each policy i have paid Rs. 22000 total 66000/- please let me know how much deduction can i avail weather full 66000 or 44000 for two member (husband and wife) or 50000

Thanx & Regard
Vishal Gupta

CA PARAS BAFNA

CA PARAS BAFNA (Expert)
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12 April 2016 Maximum Dedcution U/s 80D is available up to Rs 25000/- Assuming that both of you are not a Senior/Very Senior Citizen

Querist : Anonymous

Querist : Anonymous (Querist)

12 April 2016 Sir both of you means husband and wife.
Sir i think i should get 44000 deduction for husband and wife

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CA PARAS BAFNA

CA PARAS BAFNA (Expert)
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12 April 2016 Deduction is available to you as you only had paid 22000x3=66000.
.
If the payment of 66000/- is made from the joint bank account of both husband & wife then both of them can manage to get RS. 25000/- each.

Querist : Anonymous

Querist : Anonymous (Querist)

12 April 2016 The payment of 66000 was made from husband's saving account Not from joint account in this case only deduction of 25000 will get to husband Not to wife....