30 December 2008
Shall i Give Medical Premium Deduction to our employee for Self/ and Dependants parents Separately. (i.e 15000+15000)=Total Deduction is 30000/- Can Any One Confirm whether it is correct or Not.
30 December 2008
From the assessment year 2008-2009 The general deduction u/s 80D is Rs 15000 and additional deduction upto Rs 5000/ is available if the medical insurance premium is paid for the the assessee or his/ her spouse or dependants parents who is senior citizens (65 years or more)
CAclubindia
