Thursday, September 27, 2018

Ex-Servicemen Contributory Health Scheme notified for 80D deduction under Income Tax

Notification No. 55 /2018 Income Tax

The Central Board of Direct Taxes (CBDT) has notified the ‘Ex-Servicemen Contributory Health Scheme’ of the Department of Ex-Servicemen Welfare, Ministry of Defence, for the purpose of Section 80D deduction under Income Tax Act . The deduction is available for the assessment year 2019-20 and subsequent assessment years
MINISTRY OF FINANCE
(Department of Revenue)
[CENTRAL BOARD OF DIRECT TAXES]
NOTIFICATION
New Delhi, the 26th September, 2018
S.O. 4982(E).— In exercise of the powers conferred by clause (a) of sub section (2) of section
80D of the Income Tax Act, 1961 (43 of 1961), the Central Government hereby notifies the
Ex-Servicemen Contributory Health Scheme of the Department of Ex-Servicemen Welfare, Ministry of Defence, for the purposes of the said clause for the assessment year 2019-20 and subsequent assessment years.
[Notification No. 55 /2018 (F.No. 178/15/2018-ITA-I)]
VINAY SHEEL GAUTAM, Under Secy.

The post Ex-Servicemen Contributory Health Scheme notified for 80D deduction under Income Tax appeared first on Tax Heal.



from Tax Heal https://ift.tt/2R3K0N2

No comments:

Post a Comment