80D deduction - through credit card payment

This query is : Resolved 

25 January 2008 Medical insurance paid through credit card.

This was allowable u/s80D ( I think cash paid to medical insurance not allowable for exempttion)


pl.sir

25 January 2008 Effective from 1-4-2008, premium paid in any mode, other than cash, is eligible for deduction u/s 80D, subject to compliance of that section.

25 January 2008 WEF 2008-2009 ASSESSMENT YEAR, INSURANCE PREMIUM UNDER SEC 80 D BY AN INDIVIDUAL OR HUF CAN BE PAID BY ANY MODE OTHER THAN CASH TO BE AN ALLOWABLE DEDUCTION.
R.V.RAO




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries