Sec 80D of Income Tax Act
This query is : Resolved
11 July 2008
Please tell me the applicabiliy of sec 80D for FY 2008-09.The limit prescribed
11 July 2008
An additional deduction of Rs.15, 000 allowed under Section 80D to an individual paying medical insurance premium for his/her parent or parents.
11 July 2008
General deduction - Rs. 15,000/-
Additional deduction is available where the assesse or his wife or fer husband, or dependent parents or any member of the family is a senior citizen.
Additional deduction is available where the assesse or his wife or fer husband, or dependent parents or any member of the family is a senior citizen.
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