Income Tax Act, 2025
Section 11: The word “very” omitted by s. 26, ibid. (w.e.f. 12019).
11. The word “very” omitted by s. 26, ibid. (w.e.f. 12019).
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(2B) For the purposes of deduction under sub-section (1), the 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).]
1[(3) Where the assessee is a Hindu undivided family, the sum referred to in sub-section (1), shall be
the aggregate of the following, namely:—
(a) whole of the amount paid to effect or to keep in force an insurance on the health of any
member of that Hindu undivided family as does not exceed in the aggregate twenty-five thousand
rupees; and
(b) the whole of the amount paid on account of medical expenditure incurred on the health of any
member of the Hindu undivided family as does not exceed in the aggregate 2[fifty thousand rupees]:
Provided that the amount referred to in clause (b) is paid in respect of a 3*** senior citizen and no
amount has been paid to effect or to keep in force an insurance on the health of such person:
Provided further that the aggregate of the sum specified under clause (a) and clause (b) shall not
exceed 2[fifty thousand rupees].]
(4) Where the sum specified in clause (a) or clause (b) of sub-section (2) 4[or clause (a) of
sub-section (3)] is paid to effect or keep in force an insurance on the health of any person specified
therein, and who is a senior citizen, 5***, the provisions of this section shall have effect as if for the
words 6[twenty-five thousand rupees], the words 7[fifty thousand rupees] had been substituted.
8* * * * *
9[(4A) Where the amount specified in clause (a) or clause (b) of sub-section (2) or clause (a) of
sub-section (3) is paid in lump sum in the previous year to effect or to keep in force an insurance on the
health of any person specified therein for more than a year, then, subject to the provisions of this section,
there shall be allowed for each of the relevant previous year, a deduction equal to the appropriate fraction
of the amount.
Explanation.—For the purposes of this sub-section,—
(i) “appropriate fraction” means the fraction, the numerator of which is one and the denominator
of which is the total number of relevant previous years;
(ii) “relevant previous year” means the previous year beginning with the previous year in which
such amount is paid and the subsequent previous year or years during which the insurance shall have
effect or be in force.]
(5) The insurance referred to in this section shall be in accordance with a scheme made in this behalf
by—
(a) the General Insurance Corporation of India formed under section 9 of the General Insurance
Business (Nationalisation) Act, 1972 (57 of 1972) and approved by the Central Government in this
behalf; or
(b) any other insurer and approved by the Insurance Regulatory and Development Authority
established under sub-section (1) of section 3 of the Insurance Regulatory and Development
Authority Act, 1999 (41 of 1999).]
For the purposes of deduction under sub-section
any mode, including cash, in respect of any sum paid on account of preventive health
check-up;
any mode other than cash in all other cases not falling under clause
Where the assessee is a Hindu undivided family, the sum referred to in sub-section
whole of the amount paid to effect or to keep in force an insurance on the health of any
member of that Hindu undivided family as does not exceed in the aggregate twenty-five thousand
rupees; and
the whole of the amount paid on account of medical expenditure incurred on the health of any
member of the Hindu undivided family as does not exceed in the aggregate 2[fifty thousand rupees]:
Provided that the amount referred to in clause
is paid in respect of a 3*** senior citizen and no
amount has been paid to effect or to keep in force an insurance on the health of such person:
Provided further that the aggregate of the sum specified under clause
and clause
shall not
exceed 2[fifty thousand rupees].]
Where the sum specified in clause
or clause
of sub-section
4[or clause
of
sub-section
Where the amount specified in clause
or clause
of sub-section
or clause
of
sub-section
is paid in lump sum in the previous year to effect or to keep in force an insurance on the
health of any person specified therein for more than a year, then, subject to the provisions of this section,
there shall be allowed for each of the relevant previous year, a deduction equal to the appropriate fraction
of the amount.
Explanation.—For the purposes of this sub-section,—
“appropriate fraction” means the fraction, the numerator of which is one and the denominator
of which is the total number of relevant previous years;
“relevant previous year” means the previous year beginning with the previous year in which
such amount is paid and the subsequent previous year or years during which the insurance shall have
effect or be in force.]
The insurance referred to in this section shall be in accordance with a scheme made in this behalf
by—
the General Insurance Corporation of India formed under section 9 of the General Insurance
Business
Act, 1972 (57 of 1972) and approved by the Central Government in this
behalf; or
any other insurer and approved by the Insurance Regulatory and Development Authority
established under sub-section
of section 3 of the Insurance Regulatory and Development
Authority Act, 1999 (41 of 1999).]