Rebate u/s 80d

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

13 August 2014 Employee is seniour citigen he pay Amount for medicalim for his family RS 17184/ He will get rebate Rs 15000/ or 17184/-under Secion 80D. Applicable Maximum limit is 15000 or 20000/-Please advice.

CA SUNIL K GARG

CA SUNIL K GARG (Expert)
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13 August 2014 for senior citizen it is 20000/-. hence deduction will be 17184/-

CS Advocate Abhishek Goyal

CS Advocate Abhishek Goyal (Expert)
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13 August 2014 If mediclaim policy covers the assessee himself and his family then the limit of deduction will be Rs. 20000/-. On the other hand if the policy was taken only on family members and none of the family members are senior citizens then applicable limit will be Rs. 15000/- only.

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Querist : Anonymous

Querist : Anonymous (Querist)

13 August 2014 Dear sir,
Thanks a lot for given advice
Regards
Chetan prakash Mehta