Please suggest when mediclaim policy is made on Joint Name of Husband & Wife.,Who will eligible to claim deduction U/S 80D when income of both husband & wife are taxable under income tax act. ?
4 Replies
AKSHAY ARUNKUMAR BAJAJ
(PROP)
(49 Points)
Replied 08 March 2013
Any one of them can claim the deduction
Santosh Mishra
(AM)
(1135 Points)
Replied 10 March 2013
The person who has paid the premium can only claim the deduction.
polad-Manager Accounts
(Accounts Tax Finance Stocks)
(411 Points)
Replied 15 March 2013
Santosh is Right That the person making the payment can only claim
Pawan Mittal
(CA Final)
(711 Points)
Replied 26 March 2013
The person, whose bank account has been debited with the amount of premium shall be eligible for deduction.
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