Medical insurance premium deduction where premiums paid by cheque, subject to statutory limit and scheme approval. Section 80D permits deduction for medical insurance premia paid by cheque in the previous year, limited to either the whole amount where aggregate does not exceed a prescribed small amount or otherwise up to that prescribed amount. Eligible payers include individuals (for self, spouse, dependent parents, dependent children), Hindu undivided families (for any family member) and specified associations of persons or bodies of individuals (for members and their dependent children). Deduction is conditional on the insurance conforming to a scheme framed by the national insurance corporation and approved by the Central Government.
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.
Medical insurance premium deduction where premiums paid by cheque, subject to statutory limit and scheme approval.
Section 80D permits deduction for medical insurance premia paid by cheque in the previous year, limited to either the whole amount where aggregate does not exceed a prescribed small amount or otherwise up to that prescribed amount. Eligible payers include individuals (for self, spouse, dependent parents, dependent children), Hindu undivided families (for any family member) and specified associations of persons or bodies of individuals (for members and their dependent children). Deduction is conditional on the insurance conforming to a scheme framed by the national insurance corporation and approved by the Central Government.
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