Fact-check notes
Last fact-checked: 2026-05-26
Transition rule: AY 2026-27 covers FY 2025-26 and continues under the Income-tax Act, 1961. The Income-tax Act 2025 Tax Year terminology applies for income earned from 1 April 2026 onward.
This page is written from official portal guidance and the supplied Batch 11 brief. Any future-dated form, rule or portal workflow should be verified in the active utility before filing or advising a client.
What this covers
Section 126 is the new Act reference for medical insurance-style deductions. AY 2026-27 returns continue with old Act references, so keep both section names clear in client communication.
- Self, spouse and dependent children premium generally uses the lower limit for non-seniors.
- Senior citizen premium and parent premium can increase the deduction ceiling.
- Preventive health checkup is within the overall limit, not an extra unlimited deduction.
Who this is for
- Employee claiming family health premium.
- Senior citizen taxpayer.
- Taxpayer paying parents insurance.
- CA preparing deduction schedule.
Documents and data to verify
- Premium receipt.
- Policy certificate.
- Age proof for senior citizen claim.
- Preventive checkup receipt.
Common mistakes to avoid
- Paying insurance premium in cash.
- Treating health checkup as over-and-above the limit.
- Claiming GST-free insurance changes without checking actual invoice.
- Using new-regime filing without checking deduction eligibility.
How to proceed
- Confirm the applicable year, taxpayer type, state, registration status and portal form before acting.
- Reconcile the official portal data with books, bank statements, certificates, invoices and notices.
- Prepare a written computation, filing note, document checklist or response with assumptions clearly stated.
- Download acknowledgements, challans, workings and evidence after filing or submission.
FAQs
Can WorkIndex help with this?
Yes. Post the facts and documents; relevant experts can quote for filing, advisory, reconciliation, registration, appeal support or ongoing compliance.
Is the page a substitute for professional advice?
No. Use it to prepare. A professional should check the current portal utility, official source and records before filing or taking a tax position.
What should I mention while posting?
Mention the year, state, form, deadline, amount involved, documents available, portal status and whether you need filing, correction, opinion or representation.