Deduction for Mediclaim & Medical Reimbursement

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I have taken a mediclaim policy for Rs22,000 and for this i claim deduction u/s80D for Rs15,000.

I am also entitled to Rs15,000 as medical reimbursement, can i Claim deduction for this amount if i have supporting bills with me.

 

In short Can i Claim deductions for both Mediclaim & Medical Reimbursement????? 

Replies (6)

If u r to get reimbursment u cant claim deduction u/s 80 any subsection

is medical reimbursement from employer

Reimbursement of any expense is the action to neutralize the expenses already incurred in account of the specific purpose, if you have paid amount towards your treatment and the same is gone as your capital outgo (drawings) then such reimbursement is capital receipt, and non taxable. sec 80D deals with medical insurance, and premiums paid are eligible for deduction from gross taxable income of the year.

 

if remimbursement is done from mediclaim, then yes both are available, but if the reimbursement is made from employer and payout is settled from mediclaim then its highly illegal to claim double benefit for same expenditure, 

The reimbursement from the employer is not for the mediclaim. It is for other expenses like medicines,doctor's consultancy fees which are not covered by mediclaim. So deduction for mediclaim can be claimed u/s80D and for the reimbursement i can claim a separate deduction. Am i right?

Yes Jatinji I think You are right. In Act ''expenditure on medical treatment'' is used.

But Check Proviso to sec17(2) if 

1. hospital was maintained by empolyer or approved hospital(list in rule3A(1))

2. prescribed disease(list in rule3A(2)) etc

or it will be restricted to 15000 

Originally posted by : Roopali Kadam
Yes Jatinji I think You are right. In Act ''expenditure on medical treatment'' is used.
But Check Proviso to sec17(2) if 
1. hospital was maintained by empolyer or approved hospital(list in rule3A(1))
2. prescribed disease(list in rule3A(2)) etc
or it will be restricted to 15000 


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