Budget 2015 - Section 80D changes

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  1. CLB

    CLB New Member

    While the FM announced that the limits for basic deduction under Section 80D have been increased from Rs.15,000 to Rs.25,000 (Rs.20,000 to Rs.30,000 for Senior Citizens), in the Finance Bill 2015, sub-sections (2)(a) and (b) of Section 80D (which provide the basic deduction limits) have not been amended. However, consequential amendments in sub section (4) of Section 80D have been made, indirectly confirming the increase in the deductions. This anomaly needs to be corrected in the final Bill.
  2. Manoj Mehra

    Manoj Mehra Active Member

    Good point sir.

    I agree with you on this.
  3. Shishir Nayak

    Shishir Nayak Member

    sub-sections (2)(a) and (b) of Section 80D only related to preventive health check up case not for all other case
  4. CLB

    CLB New Member

    Dear Shishir - If you read Section 80D(2)(a) and (b), it speaks about the health insurance premium as well as preventive health checkup - put together a limit of Rs.15,000. Further Subsection (2A) of Section 80D puts a limit of Rs.5,000 for preventive health checkups - CLB
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