Deduction in salary
Girikumar (ca) (21 Points)
02 July 2024
mediclaim deduction in every month salary is eligible under 80D deduction (insurance)
CA Anoop Kumar Sharma
(Accounts Manager)
(1771 Points)
Replied 02 July 2024
Yes, Mediclaim or health insurance premiums deducted from your monthly salary are eligible for tax deduction under Section 80D of the Income Tax Act, 1961 in India.
CAclubindia
