Medical Expenditure

293 views 5 replies

hemakrishna tammana

7 Points Joined May 2018

If any individual incurred any medical expenditure by way of cash mode for there parents I.e )senior citizens . u/s 80D can he claim deduction if the hospital doesn't accept any bank payments

Replies (5)

KarthiKeyan D

2 Points Joined May 2018

if payment is made other than cash, then deduction is available or not.

sundhar jkn

205 Points Joined June 2017

Yes. it is accepted even by way of cash. But remember, medical insurance must be paid other than cash mode. otherwise deduction u/s 80D cannot be allowed

1. As per explanation 2B of sec 80D, it reads as,
(i) any mode, including cash, in respect of any sum paid on account of preventive health check-up;
(ii) any mode other than cash in all other cases not falling under clause (i).
2. From the above reading, it is clear that cash can be paid only for a preventive checkup with up to Rs. 5,000 and for claiming medical expenses (max of Rs. 50,000) u/s 80D(2)(c) it should be any mode other than cash.
3. In your case, if the medical expenditures are paid in cash it cannot be claimed as deductions u/s 80D.
Please correct me if the above solution has an alternative view.