Mediclaim u/s 80d.

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

17 November 2011 In connection with the above, how much one assessee can invest beyond 15000.00 and how much deduction can be availed if invested in the name of dependent parents who are senior citizen. Thanks & regards.

Rajnish Singh

Rajnish Singh (Expert)
Follow

17 November 2011 if you invested in mediclaim policy in the name of your parents than 15000 is exempted.for parents mediclaim.

Rajnish Singh

Rajnish Singh (Expert)
Follow

17 November 2011 if you invested in mediclaim policy in the name of your parents than 15000 is exempted.for parents mediclaim.

Upgrade to CAclubindia Pro. Subscribe Now!

CA Prashant Shrivastava

CA Prashant Shrivastava (Expert)
Follow

18 November 2011 In addition to above, you can get additional deduction of Rs. 10,000/- if you and your parents have attended the age of 65 or more years. i.e. for you/spouse or children rs. 5,000/- and rs. 5,000/- for ur parents.
Further, you should make the payment through cheque etc. but not in cash.