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author's profile photo Former Member
Former Member

Querry on IT 0585 infotype

Hi,

Can anyone tell what is the limit on Mediclaim in IT - 0585 U/S 80D ??

What is the outter limit for that???

Regards,

Prasad Lad

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2 Answers

  • author's profile photo Former Member
    Former Member
    Posted on Jul 19, 2011 at 02:47 PM

    Dear Venky,

    0585- Section 80 Ded is helps us to give the proposal contribution to exempt from the tax.

    The limit is different to the different activity.

    Ex. for Medical - 15000

    for long term infra bond - 20000,

    as like infotype itself shows u the upper limit in the limit column for the each contribution.

    thank yu

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    • Former Member Former Member

      Hi,

      Actually the User is trying with all these scenario & i told him its wrong to maintain like this. But i wanted to be more sure so tried asking you all 😊

      But I gave him different employee created in the DEV so that he can test diff scenarios on different employees or it will be problem.

      Thanks for your help. I think we can close this forum.

      Regards,

      Prasad Lad

  • author's profile photo Former Member
    Former Member
    Posted on Jul 19, 2011 at 01:24 PM

    15000

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