Deduction u/s 80D

This query is : Resolved

J.PRATHAP (Querist)
Follow

15 April 2009 Mediclaim for individual and her spourse can be claimed a maximum of Rs.15,000/-
For parents Rs.15,000/-
and Senior Citizen Rs.20,000/-

If an individual takes mediclaim for himself, spourse and his parents which comes to around Rs.35,000/- what is the maximum amount which can be calimed, is it Rs.15,000/- or Rs.30,000/-

CA Nitin Wadhwani

CA Nitin Wadhwani (Expert)
Follow

15 April 2009 The answer is given considering there is a single consolidated policy.
If the parents are senior citizens then 35000/- or else 30000/-.

Manmohan ACA, CS

Manmohan ACA, CS (Expert)
Follow

15 April 2009 u/s 80D deduction allowed is Rs.15000(20000 in case of senior citizen) for individual him/herself, spouse & dependant children
AND
Rs.15000(20000 in case of senior citizen) for parents of individual.
so you can claim deduction of Rs. 30000(15000 + 15000) in your case

Upgrade to CAclubindia Pro. Subscribe Now!

Deepak Goel

Deepak Goel (Expert)
Follow

15 April 2009 u/s 80D deduction is allowed max is Rs.15000/- (20000 in case of senior citizen) plus Rs.15000/- for parents of individual means total deduction can claim Rs.30000/-