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Can i claim tax exemption buying medicines of my husband

Prachi Srivastava (Finance) (368 Points)

29 August 2014

Can I claim tax exemption for buying medicines of my husband? He has already claimed 15,000 tax exemption for medicines bought by him.

Similarly can I claim it, if I buy for my other family members?

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3 Replies

Ajay (CA Job) (512 Points)
Replied 29 August 2014

Dear Prachi

1. A fixed medical allowance will be fully taxable as Salary.

2. Reimbursement by employer of amounts spent by the employee in obtaining mediacal treatment for you or any member of your family (a. spouse and children, b. yours parents, brother and sisters who are wholly or mainly dependant on you) from any doctor not exceeding Rs.15000 in a year, will not be considered as a perk while computing your salary income.

3. Under 80D, you can claim deduction upto Rs.5000, in respect of amount spent on preventive health check up of your self, spouse, dependent children and parents, whether dependant or not. This section doesn't mention medicine as such. It include only the doctors fee, even if payment made in cash. Under this section you can claim upto Rs,10,000 (ie 5000*2) in respect of actual payment made for preventive check ups - first 5000 for yourself, spouse or dependent children and next Rs.5000 for your parents, whether dependent or not.

4. Under Sec.80DDB, you can claim deduction in repect of payemnt made for medical treatement for any specified diseases only as specified by CBDT upto a maximum of Rs.40000 (or Rs.60000) if senior citizen, subject to your actual expenditure.

Regards

Ajay