CAN ANYONE TELL ME, IF ANY INDIVIDUAL PAYS MEDICAL INSURANCE FOR HIMSELF(NOT SENIOR CITIZEN) AND FOR HIS PARENTS (SENIOUR CITIZEN) THEN HOW MUCH MAXIMUM DEDUCTION WE CAN CLAIM. PLEASE EXPALAIN ITS URGENT
VINIT AGARWAL (Article) (105 Points)
12 July 2011CAN ANYONE TELL ME, IF ANY INDIVIDUAL PAYS MEDICAL INSURANCE FOR HIMSELF(NOT SENIOR CITIZEN) AND FOR HIS PARENTS (SENIOUR CITIZEN) THEN HOW MUCH MAXIMUM DEDUCTION WE CAN CLAIM. PLEASE EXPALAIN ITS URGENT
Sumit Grover
(Chartered Accountant )
(3652 Points)
Replied 12 July 2011
in accordance with section 80D of income tax act deduction will be as follows:
for himself-- upto Rs. 15000
+
for (senior citizen)parents- upto Rs. 20000
Rounak Chawla
(CA Final Student)
(291 Points)
Replied 12 July 2011
| Originally posted by : sumit grover | ||
 |
in accordance with section 80D of income tax act deduction will be as follows: for himself-- upto15000 + for (senior citizen)parents- upto20000 |
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i agree....
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
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