One of our employees in our company is been paid a Fixed Medical Allowance.He does not hold any medical insurance policy neither in his name nor in the name of his parents,but he has incurred medical expenses for his parents and has paid the amount of medical expenses in cash.
Since a Fixed Medical Allowance is fully taxable and above that the expenses are paid in cash and adding to that there is no reimbursement from the employer due to the presence of Fixed Medical Allowance being paid to him per month.
Can he avail a deduction for above mentioned expenses u/s 80 D ? If no,kindly let me know is there any other option available to avial a deduction ?
CAclubindia
