Schedule 80D – Deduction in respect of health insurance premia AY 2026-27
‘Schedule 80D’ in ITR forms allows taxpayers to claim deductions under Section 80D.
The schedule requires the taxpayers to specify whether they or any family member, or any parent, is a senior citizen, as the deduction limits differ for senior citizens. It separately captures the amounts paid for health insurance, preventive health check-ups, and medical expenditures for the self and family, as well as for parents, including the senior citizen category. The total eligible amount of deduction is calculated based on these entries, subject to the limits prescribed under the law.
The Schedule 80D requires the following mandatory details from the taxpayers:
- a) Name of the Insurer (Insurance company); and
- b) Policy number.
Section 80D of the Income-tax Act, 1961
Section 80D of the Income-tax Act allows deduction in respect of the amount paid for the health insurance policy, preventive health check-up, contribution to CGHS and expenditure on medical treatment. An individual can claim deduction in respect of amount incurred for himself, family or parents. HUF is allowed deduction for the amount incurred on any family member. Maximum Rs. 100,000 can be claimed as deduction under this provision.
This schedule applies to ITR-1, ITR-2, ITR-3 and ITR-4.