Date of payment vs itax assessment year

Deshpande Makarand R (Querist) 25 March 2017 This query is : Resolved
My Mediclaim renewal is due on 1st April 2017.
Can I make payment today ( before 31st Mar ) and take Tax rebate in FY 2017-18 ( AY 2018-19).
The issuing company shall issue me a certificate for FY 2017-18.

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Guest (Expert) 26 March 2017
Advance payment cannot attract advance rebate in IT. You can claim rebate only for the relevant assessment year to which your premium relates, irrespective of making payment earlier than due.

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