Medical ins premium-80 d

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

02 March 2014 Hi, I have a query regaring Medical Ins exemption..Medical Ins premium paid by Individual is exempted if paid for dependent or Indepent parents..But if it paid by Parents for thier Indendent children then it will be exempted in d hands of Parents?? If not, then Independent children can claim that amount paid by Parents?? And what would be the scenario if premium paid by father in law for his independent daughter in law

Regards

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
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03 March 2014 1. Medical premium paid for CHILDREN is NOT allowed to parents.

2. The children can claim deduction of the same.

3. Premium paid by father-in-law for his daughter-in-law is NOT eligible for deduction to the father-in-law.