HI,
My client's foreign income is taxable in India. He paid for life insurance and health insurance in USA. Can he claim deduction for this payment in India?
Thanks
CA Sunil Kumar
(Chartered Accountant)
(4524 Points)
Replied 25 July 2018
Yes,NRI is eligible to claim deduction under section 80C and 80D. Above payments are eligible for deduction under section 80C and 80D.
shalini
(CA)
(525 Points)
Replied 25 July 2018
please confirm that if a resident is paying premium of life and health insurance in foreign country then he is eligible for 80 C & 80 D deduction.