Mr. Amol Bachhav paid a premium of INR 16,548 for a Platinum - Enhanced family floater health insurance policy from Aditya Birla Health Insurance Co. Limited. The policy covers Mr. Bachhav, his family, and parents from June 9, 2023 to June 8, 2024. The full premium amount of INR 16,548 is eligible for deduction under section 80D of the Indian Income Tax Act for the financial year 2023-24. The receipt provides details of the payment and notes that the tax deduction is subject to limits and provisions of the Income Tax Act.
Mr. Amol Bachhav paid a premium of INR 16,548 for a Platinum - Enhanced family floater health insurance policy from Aditya Birla Health Insurance Co. Limited. The policy covers Mr. Bachhav, his family, and parents from June 9, 2023 to June 8, 2024. The full premium amount of INR 16,548 is eligible for deduction under section 80D of the Indian Income Tax Act for the financial year 2023-24. The receipt provides details of the payment and notes that the tax deduction is subject to limits and provisions of the Income Tax Act.
Mr. Amol Bachhav paid a premium of INR 16,548 for a Platinum - Enhanced family floater health insurance policy from Aditya Birla Health Insurance Co. Limited. The policy covers Mr. Bachhav, his family, and parents from June 9, 2023 to June 8, 2024. The full premium amount of INR 16,548 is eligible for deduction under section 80D of the Indian Income Tax Act for the financial year 2023-24. The receipt provides details of the payment and notes that the tax deduction is subject to limits and provisions of the Income Tax Act.
Mr. Amol Bachhav paid a premium of INR 16,548 for a Platinum - Enhanced family floater health insurance policy from Aditya Birla Health Insurance Co. Limited. The policy covers Mr. Bachhav, his family, and parents from June 9, 2023 to June 8, 2024. The full premium amount of INR 16,548 is eligible for deduction under section 80D of the Indian Income Tax Act for the financial year 2023-24. The receipt provides details of the payment and notes that the tax deduction is subject to limits and provisions of the Income Tax Act.
We confirm the receipt of premium amount of INR 16548 as per below details paid by Mr. AMOL SURESH BACHHAV for Self and/or Family and/or Parents:
Policy Number: 23-23-0008999-00 Plan Name: Platinum - Enhanced
Mr. AMOL SURESH BACHHAV
Type of Plan: Family Floater Proposer Name:
Policy Start Date: 00:00 hrs on 09/06/2023 Policy End Date: 23:59 hrs on 08/06/2024
Receipt Details:
Receipt Number Receipt Amount Instrument Number Dated Relationship Payment Mode Bank Name
R72049679 16548.00 pay_H2onkrkZ2EAku 04/06/2023 Self Online HDFC BANK
Mode of Premium payment Single
Year wise breakup of premium for the purpose of claiming Income Tax deduction u/s 80D (subject provisions of Income Tax Act) is provided as under:
Financial Year Year wise proportionate Premium amount*
2023-24 16,548.00
‘* Premium paid in cash and premium paid towards Personal Accident, Wellness Coach do not qualify for deduction u/s 80D. Further premium paid for person other than family member & parents (as defined under Income Tax Act) also don’t qualify for deduction under section 80D.
Amount is rounded off to nearest rupee and is inclusive of all taxes and cesses as applicable. For exact premium, please refer to Section VIII of Policy schedule Note: 1. The year wise deductions as mentioned above are as per provision of Section 80D and this would be subjected to the specified annual limits and other provisions as applicable for respective years as per applicable provisions of Income Tax Act. 2. Deduction under section 80D of the Act is allowed to the person who pays premium out of his/her income chargeable to tax. 3. Deduction under section 80D of the Act is available on realization of premium paid by Policyholder. 4. Tax laws are subject to change and any such change could have a retrospective effect. This letter should not be construed as tax, legal or investment opinion from us. For specific suitability, you are requested to consult your tax advisor. 5. This receipt must be surrendered to the company, in case of cancellation of this policy. In event of incorrect representation of this declaration the liability shall be upon the policy holder.
For and on behalf of Aditya Birla Health Insurance Co. Limited
