Deduction 80D: Complete Detail (Updated) A.Y.2017-18 & 2018-19

The person who paid medical insurance premium himself or spouse or parents or depended children can claim the deduction from total income of the person as per the instructions given below. We will discuss here the complete detail about deduction under section 80D for the A.Y. 2017-18 and A.Y. 2018-19.

Who can claim deduction 80D?

Individual and HUF assesee can claim the deduction under section 80D for any medical insurance premium known as MEDICLAIM.

Note: The deduction is allowed only under an approved scheme of General Insurance Corporation of India or any contribution made to Central Government Health Scheme or any similar notified scheme.

Maximum deduction allowed u/s 80D

Check how much deduction of medical insurance premium, you can claim for self and your parent.

F.Y.2017-18/A.Y.2018-19

Case I – You are below 60 Years – Rs.25,000 and Your parents are also below 60 years – Rs. 25,000 then aggregate Rs. 50,000.

Case II – You are below 60 Years – Rs.25,000 But Your parents are above 60 years – Rs. 30,000 then aggregate Rs. 55,000.

Case III – You are above 60 Years – Rs. 30,000 and Your parents are also above 60 years – Rs. 30,000 then aggregate Rs. 60,000.

Note: The maximum deduction for payment on account of preventive health check-up of self, spouse, parent(s) or depended children, in aggregate shall be Rs.5,000.

F.Y.2016-17/A.Y.2017-18

Case I – You are below 60 Years – Rs.25,000 and Your parents are also below 60 years – Rs. 25,000 then aggregate Rs. 50,000.

Case II – You are below 60 Years – Rs.25,000 But Your parents are above 60 years – Rs. 30,000 then aggregate Rs. 55,000.

Case III – You are above 60 Years – Rs. 30,000 and Your parents are also above 60 years – Rs. 30,000 then aggregate Rs. 60,000.

F.Y.2015-16/A.Y.2016-17  

Case I – You are below 60 Years – Rs.25,000 and Your parents are also below 60 years – Rs. 25,000 then aggregate Rs. 50,000.

Case II – You are below 60 Years – Rs.25,000 But Your parents are above 60 years – Rs. 30,000 then aggregate Rs. 55,000.

Case III – You are above 60 Years – Rs. 30,000 and Your parents are also above 60 years – Rs. 30,000 then aggregate Rs. 60,000.

Case IV – You can also get deduction of up to Rs. 30,000 (maximum) for medical treatment expenditure of any parents being very senior citizen not having medical insurance cover. [w.e.f. 1.4.2016 i.e. Ay. 2016-17]

Very Senior citizen a resident individual, aged 80 years or above. 

Note: The deduction is allowed up to Rs.5000 in the case of preventive health check-up of self, spouse, parent(s) or dependent children in aggregate.

F.Y. 2014-15 / A.Y. 2015-16 

Case I – You are below 60 Years – Rs.15,000 and Your parents are also below 60 years – Rs. 15,000 then aggregate Rs. 30,000.

Case II – You are below 60 Years – Rs.15000 But Your parents are above 60 years – Rs. 20,000 then aggregate Rs. 35,000.

Case III – You are above 60 Years – Rs.20,000 and Your parents are also above 60 years – Rs. 20,000 then aggregate Rs. 40,000.

Note: The deduction is allowed up to Rs.5000 in the case of preventive health check-up of self, spouse, parent(s) or dependent children in aggregate.

Important Points Related to Deduction under section 80D

  • You must note here that the deduction is allowed only if the payment is made from your own income during the pervious year.
  • Any premium for health insurance or Central Govt Health Schemes (CGHS) shall be made by any mode except cash. However, cash payment shall be accepted if paid during preventive health check-up.
  • Payment made via credit card/internet banking shall also be eligible for deduction.
  • The main and important point of Deduction for Medical Insurance Premium (MEDICLAIM) under section 80D is that, it does not included in deduction under section 80C (Rs.1,50,000 in total). In simple words, you can get deduction under section 80D extra over section 80C.
  • Now, it is immaterial that parents are dependent on you or not. You can claim tax deduction for medical insurance premium paid for your parents whether they are dependent on you or not.  The condition of dependency of parents is eliminated w.e.f. A.Y. 2009-10.

Tax Planning by MEDICLAIM (Medical Insurance Premium) Under Section 80D

  • So it is good strategy to pay your medical insurance premium yearly for you, wife/husband, children and parents.
  • You can get tax deduction of up to Rs.65000 under section 80D including preventive health check of Rs.5000 (self + family)
  • The other thing you must note that medical insurance premium paid for parents having more benefits. It is immaterial that parents are depended or not.

Thats’ all readers, If you would like to buy any health insurance policy then please do your research or consult with your tax professional. Always compare your policy premium, features, benefits, claim etc before buying any health insurance policy. There are some health insurance policies to claim deductions under section 80D (MEDICLAIM). Please ask any query related to health insurance policy, mediclaim, deduction under section 80D through comment form give below. We’ll also suggest you some good health insurance policy if you really want to buy with tax planning.

12 Comments

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  1. With reference to Mediclaim-Pl. suggest me the good plan with low premium and maximum benefits and easy settlement of claim. I am 54 years old person with having mediclaim of New India Assurance for Rs.400000 and also have my wife (48 years) mediclaim of same company for 350000. I am paying every year 30000 premium for both the policies. Now I am in search of a another policy which will cope up my additional expenses or in other words interested in mediclaim of 10 lakh each with lowest premium and maximum benefit.Pl. suggest me the mediclaim policy suitable for me.

  2. I am a retired personnel, without pension and my wife is a central govt. employee. We have purchased a Mediclaim insurance with annual premium of Rs.24000. Will she be eligible for IT benefit for it?

  3. I bought a health insurance in month of march 2016 for the year 2016-2017, can I put the amount in 80D for ITR of 2015-2016?

  4. There is always utter confusion as regards Sec. 80 D – Let the Govt. / tax advisors come out clean and clear on it as far as Senior citizens are concerned as you are also going to face this problem as all illness starts when you are above 60 years of age and totally dependent on interest of your savings with no pension or medical benefits like to Defence personnel / Govt. employees.
    It is very difficult to meet the medical expenses and so die early due to sickness . Our Politicians and their family members are availing total free medical facilities and one dare cannot question them.
    Also almost all Senior citizens are suffering from some sort of illness and their regular expense are on an average of Rs. Five thousand per month or Rs.Sixty thousand per year as the medicines have become very costly and all do not have medical insurance as they can’t afford paying the high insurance premiums . Also the State does not take care of this as there is no social security in India for the senior citizens like in the abroad.
    So all Sr. Citizens should be given a tax deduction of minimum of Rs. 60,000 every year by way of standard deduction .
    This will be a big relief to the senior citizens of our country .

    1. I totally agree with you.Please start a compaign for this. Write to PM. I have also written.

  5. NARINDAR KUMAR SHARMA

    I am 70 years of age. Myself and my wife spend much more than Rs. 20000/PA on our medical expenses ou of my pension. Can I deduct Rs. 5000.00 plus Rs. 5000.00 spent by me for our medical expenses.

    1. Hello Narinder Kumar Sharma, You can only deduct up to Rs.5000/yr for you and your wife preventive health check up in total.

  6. mediclaiM in case of HUF , PLEASE SHARE SOMETHING ON THAT

  7. SAKTIPADA PANIGRAHI

    I am 68 years old (Male). I have paid Rs.11500 for 2 mediclaim policies in April, 2014. I have spent Rs 8900 towards Preventive Medical check up in recognised hospitals during FY 2014-15. Please advise how much deductions I shall get under U/S 80D for paying Income Tax for FY 2014-2015 ( AY 2015-16).Regards

  8. RONALD SEQUEIRA

    I had paid above Rs30,000/ towards medical health scheme for insuring myself and for wife.Can I claim deduction of Rs15,000 for myself and another Rs15,000 for my wife under section 80D while calculating income income tax.Kindly clarify
    Ronald/mangalore

    1. Hello Ronald, You can not claim deduction for your wife…because if you paid whole amount then you are eligible only for Rs.15000.

  9. As given in the statement-cash payment of Rs 5000/- shall be accepted if paid during preventive health check-up.

    Just curious to know what are the elements covered under preventive health check-up.
    E.g. Daughter eye check up , Wife bone check up , consultation fee on check up of fever , maleria , etc

    Thansk
    Naresh

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