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Arghya Pal

80 C Deduction...
In investment declaration under 80C section I found two fields, first one is "Investment in Mutual Fund" and the second one is "Investment in notified Equity Linked Saving Schemes". My question here is I have invested in 3 mutual funds -
1. HDFC Mid Cap
2. Reliance Tax Saver (ELSS)
3. Reliance Bala...
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Amlan Dutta
This is not a valid return ...i don't believe in such invalid returns ...department also doesn't consider any such invalid returns ..please download only from income tax website ...other utilities across different tax sites etc are not reliable
  • May 15, 2018
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Arghya Pal
Thanks...
  • May 15, 2018
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Manjit kumar

80 D Deduction...
Dear sir
I have spend on 45000 Rs on medical treatment. Can i take deduction benefit of section 80D ?
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Amlan Dutta
Medical treatment for what???? I am assuming that you have spend it on yourself and is towards preventive check ups ...if yes, read the following else you can safely ignore knowing that there is no deduction benefit available under 80 D for any other medical expenses pertaining to treatment ...
Medical treatment for what???? I am assuming that you have spend it on yourself  and is towards preventive check ups  ...if yes, read the following else you can safely ignore knowing that there is no   deduction benefit available  under 80 D for any other medical expenses pertaining to treatment                                                                                                   <br />                                                                                                                                                                                     Typically, section 80 D is primarily for health insurance premium (25000 ( for self OR  spouse OR dependent children)  and 25,000/30,000 for parents/senior parents (increased to 50,000 for senior parents in Budget 2018) .                                       <br />                                                                                                                                                                                   <br />  However, there is a certain benefit towards preventive health check up also now in 80 D  which is however  limited to 5000 Rs total ( self , spouse , dependent children  OR Senior citizens ) and not individually for each person....                                                                                                                  <br /> Again note , that  the sum total of the insurance premium plus the preventive checkup expenses cannot still exceed and contained in the limits  defined above                                                                                                                                     <br />               . In your case however , it is not amount spend on health insurance and rather medical expenses(assuming towards preventive health check up ) ........the maximum benefit you can therefore derive is  5000 Rs under section 80 D.......
  • May 11, 2018
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