Deductions under chapter VI A

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As a salaried employee with income over £500,000, you may be eligible for medical bill deductions under Section 80D for the Assessment Year 2020-21. You can claim up to £5,000 for medical expenses, provided you haven't already utilised the £25,000 limit under the same section. For further tax-saving advice, feel free to get in touch.

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(Querist)
01 August 2020 Sir, Is there any deduction available for medical bills-expenditure for the AY 2020-21 ? I AM A SALARIED EMPLOYEE in a private sector organisation having income more than 5,00,000/- after deducting 80C deduction. Kindly clarify
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CA KARAN SINGH

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CA KARAN SINGH (Expert)
01 August 2020 You can take Deductions of medical bills up to Rs. 5000 u/s 80D only if you have not utilized the limit of Rs. 25000 u/s 80D.
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CA KARAN SINGH

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CA KARAN SINGH (Expert)
01 August 2020 For any further query about tax saving avenues availaible for you, feel free to write at cakaransingh01@gmail.com
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