Deduction u/s 80d

Tax queries 313 views 1 replies

Hi

If a person has paid premium for 2 years under his health insurance policy, will he get deduction u/s 80D in both years or only in the 1st year in which he paid the premium and what will be the amount of deduction - the entire amount in 1st year or half amount in both years ?

 

Thanks

Replies (1)

Hi

 

He will get entire amount in year of payment made.

 

Thanks


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