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Details of Section 80D Any amount paid by an Individual or HUF to an Insurance company as Medical Insurance Premium i.e. premium paid in respect of Mediclaim Policy can be claimed as deduction under section 80D. Note: Life Insurance Premium is NOT covered under this category. Important points: Premium paid should be in respect of Mediclaim Insurance policy. The deduction is also available when the Taxpayer makes any contribution towards Central Government Health Scheme. Deduction is available only to Individuals and HUFs (Hindu Undivided Family). Corporates or Partnership firms cannot claim this deduction. Deduction is not allowed when the premium is paid by cash. In other words, the deduction will be allowed when the premium is paid by modes other than cash i.e. cheque or DD. Deduction is allowed in respect of following persons: Taxpayer Insured Person Individual On the health of taxpayer himself/herself, spouse, parents, dependent children of taxpayer Hindu Undivided Family (HUF) On the health of any of the member of the family

The ceiling limit w.e.f. AY 2015-16 --- Section 80 C -- 150000/- --- Section 80 CCC -- 100000/- --- Section 80 CCD(1) -- 100000/- --- Section 80 CCE -- 150000/-

Deduction Limit Section 80 C -- 150000/- Section 80 CCC -- 100000/- Section 80 CCD(1) -- 100000/- Section 80 CCE -- 150000/- Section 80D is a additional deduction above section 80C

No matter you have already contributed u/s 80c but still you can claim 80d benefits. 80 D benefit is in addition to 80C benefit of Rs 1, 50,000/-. 80D benefits are available with respect to Health Insurance premium paid by any mode of payment other than cash. **Maximum Deduction available under section 80D of Income tax Act: -** For individuals less than 60 years of age, amount of health insurance premium paid or Rs. 15,000, whichever is lesser. (From 01.04.2015, Limit for medical insurance premium is increased to Rs 25000/-) For senior citizens above 60 years, amount of health insurance premium paid or Rs. 20,000, whichever is lesser.( From 01.04.2015, Limit for medical insurance premium is increased to Rs 30000/-) **No, parents in Law are not covered under section 80D: -** Only Premium paid for insuring the health of the individual, his or her spouse, parents and dependent children are covered u/s 80D. An additional deduction for insurance of parents (father or mother or both) is available to the extent of Rs. 15,000/- if less than 60 years old (From 01.04.2015, Limit for medical insurance premium is increased to Rs 25000/-) and Rs 20,000 if parents are more than 60 years old (From 01.04.2015, Limit for medical insurance premium is increased to Rs 30000/-)

Section 80C and 80D are different sections of Income tax act. Limit for both sections are not interconnected. You may invest at any amount and get deduction upto rs 150000 in 80C whereas in 80D you may utilize deduction upto rs.15000 (20000 in case of person having age more than 60 years). Hence, you may invest in 80 D even you have invested u/s 80 C

Details of Section 80D Any amount paid by an Individual or HUF to an Insurance company as Medical Insurance Premium i.e. premium paid in respect of Mediclaim Policy can be claimed as deduction under section 80D. Note: Life Insurance Premium is NOT covered under this category. Important points: Premium paid should be in respect of Mediclaim Insurance policy. The deduction is also available when the Taxpayer makes any contribution towards Central Government Health Scheme. Deduction is available only to Individuals and HUFs (Hindu Undivided Family). Corporates or Partnership firms cannot claim this deduction. Deduction is not allowed when the premium is paid by cash. In other words, the deduction will be allowed when the premium is paid by modes other than cash i.e. cheque or DD. Deduction is allowed in respect of following persons: Taxpayer Insured Person Individual On the health of taxpayer himself/herself, spouse, parents, dependent children of taxpayer Hindu Undivided Family (HUF) On the health of any of the member of the family Amount exempted under Section 80D Least of the following is allowed to be deducted from Gross Total Income of the Taxpayer for 80D: a. Actual Mediclaim Insurance Premium paid b. Rs. 15,000 In case the Mediclaim Insurance Premium paid is for a Senior Citizen (person above 65 years), least of the following is allowed as deduction : a. Actual Mediclaim Insurance Premium paid b. Rs. 20,000

In brief I can say that 80C and 80D is different. We can't club the deductions in the IT Return. They are separate set of deductions.

Dear Friend Section 80C of Income Tax Act 1961 Any person can get maximum benefit under section 80C, 80CCC and 80CCD(1) Rs. 150000/- {Section 80CCE} The ceiling limit w.e.f. AY 2015-16 --- Section 80 C -- 150000/- --- Section 80 CCC -- 100000/- --- Section 80 CCD(1) -- 100000/- --- Section 80 CCE -- 150000/- Section 80D of Income Tax Act 1961 As per section 80D - Deduction of Health insurance premium or any contribution to Govt. Limit - 15000/- rupees In the case of Senior citizen Limit - 20000/- rupees Deduction allowed in cash payment upto 5000/- rupees for prevention health checkup (Include in limit of 15000/20000 Rupees) Relative means - self, spouse, dependent children and parents. In The Case of HUF - Any member of family. Now You can understand that you can claimed deduction for section 80D separately. This is an additional deduction not include in section 80C. You can also understand that parents are covered under section 80D but parents in law not covered. Thanks

Deduction under sec 80D when already sec 80C benefit is taken : --------------------------------------------------------------- Hi USHA, Deduction under sec 80D is an additional deduction available which do not include deduction u/s 80C, 80CCC and 80CCD for which overall limit is is Rs. 1,50,000 (Rs. 1 Lakh upto A.Y. 2014-15). Following persons are covered in sec 80D : ------------------------------------------ Individual (resident or non resident, Indian Citizen or foreign citizen): ======================================================================== In case an individual is taking the deduction, the medical insurance policy can be taken in the name of any of the following: the taxpayer or the spouse, parents or dependent children* of the taxpayer. HUF (Hindu undivided Family may be resident or non resident) ------------------------------------------------------------ :- In case a HUF is taking the deduction, the medical insurance policy can be taken in the name of any member of the family. Note Dependent Children (i.e. legitimate or legally adopted children). Children above 18 years, if employed, can not be covered. Male children, if not employed, but a bonafide student can be covered upto age of 25 years. Female children, if not employed, can be covered until the time she is married. parents of Individual – parents need bot be dependent on the Assessee Hence of the Individual are covered under sec 80D Regards, Tushar Sampat M.com, CS, CA-Finalist, Practicing -Numerologist & Handwriting & Signature Analyst