Question ID :
31642
Medical insurance
A senior citizen has paid medical insurance of him and spouse on 31-3-18. His son reimburses him by issuing cheque of equal amount in May 18. Can Son claim deduction for this in his return ?
Posted by
Mahesh Kumar
on
May 21, 2018
Filed Under
DIRECT TAXES
No, his son is not eligible for deduction as the requirement is that the insurance premium is directly paid to the insurance company.
Posted by
CA. SATISH CHAND GARG on
May 21, 2018
Answer ID :
68668
not allowed
Posted by
B Manohar Reddy on
May 24, 2018
Answer ID :
68686
As per section 80D, the payer is eligible claim deduction. Here, the senior citizen can claim the total amount. Reimbursement is irrelevant. His son cannot claim.
Posted by
PRADEEP C B on
May 26, 2018
Answer ID :
69817
Since the amount was paid after the previous year you cannot comply with the requirements of section 80D.
Posted by
SIVADAS CHETTOOR on
Jun 24, 2018