If an employee gets monthly fixed medical allowance, can he claim any deduction by submitting the medical bills for himself or his parent's treatment / medicine expenditures. please specify the provisions from Income Tax Act 1961.Thank you.
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Taxability of fixed medical allowance
Replies (2)
You can claim deduction upto 15000 subject to prodcution of medical bils. Bills can be for spouse,parents and childrens.
REgards
Dayananda
But dayananda can you quote the section from Income Tax Act, I am saying this because I think the condition for allowing is that the desease should be a specified desease and not any common desease.
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