80D deduction for senior citizens - medical bills

Tax queries 165 views 4 replies

Hello,

Senior citizen and has medical insurance policy. Premium less than Rs.50000/-. Incurs expenditure on different tests and medicines regularly which will not be reimbursed by  insurance company. Can these bills be claimed for  section  80D benefit? 

Thanks,

Rani

 

 

Replies (4)

Yes, maximum up to Rs. 5,000/- ...

There can be deduction upto 50000 provided you hv the relevant bills.
Up to 5000 in preventive health care
Not 50,000 because you have taken the insurance policy.

Watch this complete bundle of Medical Insurance

CLICK BELOW

MEDICAL INSURANCE PROVISON - EASY EXPLAINED

 

 


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register