Maximum Deduction Under Section 80D - 35,000 or 40,000?

Last post 07-01-2013 11:45 AM by Expert. 1 replies.
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  • 07-01-2013 11:43 AM

    Maximum Deduction Under Section 80D - 35,000 or 40,000?

    What is the exemption limit for medical insurance(U/S 80D) taken by a person for self & family members(other than parents),when the person himself is a senior citizen?
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  • 07-01-2013 11:45 AM In reply to

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    Re: Maximum Deduction Under Section 80D - 35,000 or 40,000?

    bhupinder123:
    What is the exemption limit for medical insurance(U/S 80D) taken by a person for self & family members(other than parents),when the person himself is a senior citizen?
    Exemption allowed for a Senior Citizen(Self and Family) is Rs. 20,000. Additional Rs. 20,000 is allowed for Parents of Senior Citizens.
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