• Rebate under section 80D

Dear Sir,

If I purchase health insurance online for my father (age 64) and in that policy if I don't include myself in that policy , I become a proposer only in that policy then can I get rebate on premium paid under section 80D
Asked 5 years ago in Income Tax

Yes, you can claim rebate u/s 80D. The payment for the policy should be made by you.

Lakshita Bhandari
CA, Mumbai
5687 Answers
943 Consultations

Yes a son can avail benefit for getting medical insurance for parents upto 50000 if they are senior citizen.

 

Hope you find the information helpful if you do please rate it 5 and provide your valuable feedback for my improvement.

Thank you.

Naman Maloo
CA, Jaipur
4303 Answers
101 Consultations

Hello,

 

Yes, by making the payment for the health insurance, you would be eligible for deduction u/s. 80D.

 

I hope that this answer satisfies your requirements.

 

Regards,

CA Hunny Badlani

 

 

Hunny Badlani
CA, Madhya Pradesh
2608 Answers
16 Consultations

Hi,

 

Yes, you can rebate on premium paid u/s 80D.

Payal Chhajed
CA, Mumbai
5189 Answers
303 Consultations

Hello Sir,

 

Yes,you can get rebate on premium paid under section 80D.

Karishma Chhajer
CA, Jodhpur
2452 Answers
29 Consultations

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