Question
Section 80D provides a deduction for:
Solution
Section 80D allows individuals to claim a deduction for health insurance premiums paid for themselves, family, and parents.
More Taxation Related Questions
- An example of Casual Income is
- Salary received by the Partner of a Firm is charged under the head
- Which section of the Income Tax Act provides for a deduction of interest on a home loan for a self-occupied property?
- Which of the following forms are used for applicable for registration?
- Which of the following inventory methods would reduce tax liability during inflationary period?
- Mr. Arjun earns ₹12 lakh as salary and has invested ₹1.5 lakh in PPF. He also pays ₹30,000 as health insurance premium for himself and ₹50,000 for his seni...
- For an individual resident in India (age below 60 years), the basic exemption limit for the Financial Year 2025-26 (A.Y. 2026-27) under the NEW tax regime ...
- A company avails ITC (Input Tax Credit) on office furniture purchase. Later, GST auditor disallows it. Is he right to do so, support your answer with relev...
- _________________ is a brief summary of a prospectus filed before the registrar and contains all the salient features of a prospectus
- The rate of Tax Deducted at Source (TDS) on payments of professional fees to a resident individual (if PAN is furnished) under Section 194J is generally:
