Chartered Accountant
2731 Points
Joined January 2008
| Originally posted by :Anil Sharma |
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wether deduction of Rs 15000 for medicals bills & deduction u/s 80D for medical insurance both can be taken at the same year |
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The two things talked about are totally different.........
The sum upto Rs.15000 is the income which is not to be included in the total income of the assessee even though it is spent by the employer on behalf of employee...........[proviso to Sec.17(2)]
whereas the deduction u/s 80D is of the expenditure effected of Rs.15000 in the previous yr........
The medical exp. of the assessee can very well be paid by the employer and at the same time, the assessee had deposited the amount u/s 80D.........
he can claim both........