Health insurance eligibility requires regulator-approved insurer schemes for tax deduction under section 80D. The amendment conditions deduction eligibility under section 80D on qualifying insurance being in accordance with a scheme framed by an authorised insurer, either the national general insurer under its approved scheme or any other insurer subject to approval by the statutory insurance regulator; tax benefit thus requires insurer and scheme approval by the relevant central regulatory authority.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Health insurance eligibility requires regulator-approved insurer schemes for tax deduction under section 80D.
The amendment conditions deduction eligibility under section 80D on qualifying insurance being in accordance with a scheme framed by an authorised insurer, either the national general insurer under its approved scheme or any other insurer subject to approval by the statutory insurance regulator; tax benefit thus requires insurer and scheme approval by the relevant central regulatory authority.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
