09 February 2013
I paid mediclaim insurance of my parents & brother of Rs.29000/- whether this total Rs.29000/- amount will be eligible u/s 80D in both case i.e parents above 60 yrs or below 60 yrs pls guide
10 February 2013
PREMIUM PAID FOR YOUR BROTHER WILL NOT BE DEDUCTIBLE U/S. 80D. PREMIUM PAID FOR YOU WILL BE DEDUCTIBLE SUBJECT TO MAXIMUM OF 15,000 PREMIUM PAID FOR YOUR PARENTS WILL ALSO BE FURTHER DEDUCTIBLE SUBJECT TO ANOTHER 15,000.