I have a Query regarding u/s 80D of Income tax Act.
If an employee having medical insurance policy u/s 80D for Rs. 10 K & also he had spend for Preventive health checkup for Rs.5k . then both deduction are allowed u/s 80D which maximum limit of Rs. 15K
05 January 2013
full deduction of 15k available preventive health check up fee is allowed max 5000. So if in your Q premium is 9k and preventive fee is 6k then only 14k allowed. perhaps it cleared all