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Section 80 d

VENKATESH (STUDENT) (43 Points)

03 May 2014

Payment made on account of preventive health checkup of self spose or dependent children and parents in cash will be allowed as deduction. please help me with reference to ipcc examination.

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7 Replies

Shivani Sharma (CA FINAL) (587 Points)
Replied 03 May 2014

Section 80D Deduction Medical Insurance k liye allowed h health checkup k liye nhi.

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VENKATESH (STUDENT) (43 Points)
Replied 03 May 2014

Dear mam it's the amendment Please go through sectoin 80d for assessment year 14-15.

Deepak Gupta (CA Student) (15922 Points)
Replied 03 May 2014

Any payment on account of preventive health check-up of the assessee or spouse or dependent children or parents of the assessee is allowed as deduction u/s 80D and is restricted to Rs. 5000. Payment can be made in any mode including cash - Inserted by the Finance Act, 2012, w.e.f. 1-4-2013.
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Furthermore, it shall be within the overall ceiling prescribed u/s 80D.