Preventive health check up

A medical insurance policy allows you to avail tax deduction under Section 80D of Income Tax Act for any expenses incurred for preventive health check-ups. You can avail Rs. 5,000 for the cost incurred for preventive health check-ups for self, spouse, children or parents.

The Income Tax Act does not define medical expenditure. ... Remember medical expenditure on certain specified illnesses are also covered under Section 80DDB. "If you have exhausted the limit under this section, you can claim deduction for the medical expenses under section 80D, provided you satisfy other conditions.