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Finance Act, 2012, (Central) Section 25

Title: Amendment of Section 80d

State: Central

Year: 2012

.....made on account of preventive health check-up of the assessee or his family" shall be inserted; (B) in clause (b), after the words "parents of the assessee", the words "or any payment made on account of preventive health check-up of the parent or parents of the assessee" shall be inserted; (c) after sub-section (2), the following sub-sections shall be inserted, namely:-- "(2A) Where the amounts referred to in clauses (a) and (b) of sub-section (2) are paid on account of preventive health check-up, the deduction for such amounts shall be allowed to the extent it does not exceed in the aggregate five thousand rupees. (2B) For the purposes of deduction under sub-section (1), payment shall be made by-- (i) any mode, including cash, in respect of any sum paid on account of preventive health check-up; (ii) any mode other than cash in all other cases not falling under clause (i)."; (d) in sub-section (4), in the Explanation, for the words "sixty-five years", the words "sixty years" shall be substituted.

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