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Medical insurance premium

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12 March 2010 I have this query when a peson being an individual pays medical insurance premium by account payee cheque then can get deduction u/s 80D. Further if this medical insurance premium is reimbursed by his employer...then will he get exemption under the proviso to Section 17(2) where such reimbursement is not a perk as well as deduction u/s 80D????/

12 March 2010 Med. reimbursement Exempted up to Rs15,000/-

13 March 2010 Medical insurace preimum reimbursed by the employer is exempted from tax and you may not claim the dedcutions for exempted incomes




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