Management of Banking and Financial Services, 4th Edition by Pearson

insurance services n 653

TABLE 18.3 (CONTINUED)

2. Additional deduction up to `15,000 if an amount

is paid to keep in force an insurance on health of

parents.

3. In case of HUF, deduction allowable up to `15,000

if an amount is paid to keep in force an insurance

on health of any member of that HUF.

80DD Amount deposited for maintenance of

handicapped dependent.

Up to `50,000 on amount deposited with LIC for main-

tenance of an handicapped dependent

(`1,00,000, where handicapped dependent is suffering

from severe disability).

10(10 A)(iii) Payment received by way of commuta-

tions of pension under select plans.

10(10D) Maturity/Death claims proceeds ...