Rajesh, aged 45 years, paid medical insurance premium of ₹10,000 during the previous year 2013-14 to insure his health as well as the health of his spouse. He also paid medical insurance premium of ₹17,000 during the yea

CS Executive · Tax Laws and Practice · PYQS · June 2014
Rajesh, aged 45 years, paid medical insurance premium of ₹10,000 during the previous year 2013-14 to insure his health as well as the health of his spouse. He also paid medical insurance premium of ₹17,000 during the year to insure the health of his father, aged 65 years, who is not dependent on him. He contributed ₹4,400 to central government health scheme during the year. He has incurred ₹3,000 in cash on preventive health check-up of himself and his spouse and ₹4,000 by cheque on preventive health check-up of his father. Compute the deduction allowable under section 80D for the assessment year 2014-15.

Topics: Income Tax

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