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Is medicine expenses can be considered fr incometax benifits

TDS / TCS 579 views 2 replies

Hello

I wish to know whether a Monthly Medicine expenses for My father/ Mother can be considered to get exemption from TDS. Roughly Rs. 5000 is my regular expenses towards Medicine. (Till Date i have just taken a bill from Pharmay on my Name)

Awaiting for your response...

Thanks

 

Replies (2)
Originally posted by : Pariksh*t Bapat

Hello

I wish to know whether a Monthly Medicine expenses for My father/ Mother can be considered to get exemption from TDS. Roughly Rs. 5000 is my regular expenses towards Medicine. (Till Date i have just taken a bill from Pharmay on my Name)

Awaiting for your response...

Thanks

 


Yes you can show your medical expenses under medical allowance which is restricted to amount spent restricted upto Rs. 15000/- p.a.

Medical allowances can be claimed only if it is in the form of reimbursement(upto 15000 p.a.) and not of fixed nature from your employer.


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