Deduction u/s 80d medical expenditure

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229 Points Posted on 16 January 2021
Hello professionals..
Someone in my known has claimed deduction of medical expenditure of Rs 20000 without having sufficient proofs under section 80d....


What are the chances of notice being recieved by him ???
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On 16 January 2021 at 22:41 Report
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Quick Summary
This discussion explores the implications of claiming medical expenditure deductions under Section 80D without sufficient supporting evidence. While the chances of receiving a notice from the tax department are generally low, professionals strongly advise maintaining proper documentation. Tax returns are often selected for scrutiny based on the information provided, making honesty and preparedness essential.

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Tax consultant
5895 Points Posted on 17 January 2021
Have health insurance policy
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On 17 January 2021 at 08:13
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Chartered Accountant
24588 Points Posted on 17 January 2021
Have medical bills and health polocies
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On 17 January 2021 at 09:18
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17269 Points Posted on 17 January 2021
Advised to stay off from claiming such unsupportive deductions
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On 17 January 2021 at 12:18
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Chartered Accountant
86505 Points Posted on 17 January 2021

There are less than 0.01% chances for getting notices from department but it is advisable to keep sufficient proof 

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On 17 January 2021 at 13:20
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133 Points Posted on 17 January 2021
There are very less chances of receiving notice in this regard.
However it is advisable to be honest and have all relevant proofs and supporting documents for availing deductions.
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On 17 January 2021 at 15:07
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Accountant
4533 Points Posted on 18 January 2021
Income tax returns for scrutiny are choosed on the basis of information you fedded in your income tax return.

if you do not have last transaction to your bank account or any trading transactions in stock market and you have a very less income in itr . 5 example your ITR is up to 5 lakh.

THERE ARE ALMOST NO CHANCES FOR ASSESSMENT
2 Reply
On 18 January 2021 at 02:44

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