Income tax exemption u/s 80D

Q & A Forum › Category: Insurance › Income tax exemption u/s 80D

bangarraju_1964 asked 9 years ago

I have mediclaim policy in my name for a premium of Rs.21000 My mother is aged 85 years, for whom, I am not able to take any policy How much amount can I be eligible for exemption.

1 Answers

-1 Vote Up Vote Down

Sreekanth Staff answered 9 years ago

Hi, You can claim Rs 21,000 + up to Rs 30,000 towards any medical expenditure for your Mother. Kindly read : https://www.relakhs.com/mediclaim-insurance-tax-section-80d/

tsaghosh replied 7 years ago

I am a senior citizen. Can I claim tax exemption both on Medical Insurance premium and medical expenditure u/s 80D? I have read that if I am possessing a medical insurance policy, I can’t claim tax exemption on medical expenditure. Is it right? In ITR form, I am able to fill both these columns u/s 80D without any restriction. Please clarify.