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Direct Taxation
Is medical and health insurance the same? Can i claim deduction for health insurance service u/s 80D
Answers (1)
No, they are not same. Deduction allowed u/s 80D A medical insurance premium paid for self, spouse, children or dependent parents in any mode other than cash. Expenditure incurred on the account of preventive health check-up Medical expenditure incurred on the health of senior citizen (aged 60 years or above) who is not covered under any health insurance scheme. The contribution made to the Central government health scheme or any scheme as notified by the government.
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