Health insurance deduction increased for senior citizens under section 80D, enhancing tax relief for qualifying insured relatives. Amendment increases the deduction under section 80D for premiums paid to effect or keep in force health insurance where the insured is a senior citizen, applying to the assessee, spouse, dependent parents, or, for a Hindu undivided family, any family member who is a senior citizen; it also inserts an Explanation defining 'senior citizen' by reference to the Explanation to section 80DDB.
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Provisions expressly mentioned in the judgment/order text.
Health insurance deduction increased for senior citizens under section 80D, enhancing tax relief for qualifying insured relatives.
Amendment increases the deduction under section 80D for premiums paid to effect or keep in force health insurance where the insured is a senior citizen, applying to the assessee, spouse, dependent parents, or, for a Hindu undivided family, any family member who is a senior citizen; it also inserts an Explanation defining "senior citizen" by reference to the Explanation to section 80DDB.
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