My self and my are senior citizens above 60 years. We both file ITR1 every year separately and get assessed. We take floater health insurance policy and pay a premium of Rs.75000 from our joint account. Can we claim deduction under section 80 D Rs.37500 each in our individual returns? Can you please clarify.
6 Replies
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177824 Points)
Replied 20 October 2022
Yes, provided the receipt is also in joint name.
Eswar Reddy S
(CFO- at NHTF)
(58270 Points)
Replied 21 October 2022
Who has paid the premium amount?
daniel keagan
(2 Points)
Replied 21 October 2022
As long as the receipt is likewise in joint names, then yes. basketball stars
Eswar Reddy S
(CFO- at NHTF)
(58270 Points)
Replied 22 October 2022
If it is in joint account then there will be both names on the policy document..
So each may claim 37500/-
So each may claim 37500/-
Eswar Reddy S
(CFO- at NHTF)
(58270 Points)
Replied 09 November 2022
@ Chinnu D M,
Only payer can claim deduction
Only payer can claim deduction
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