So, for example, if your family floater plan costs you Rs 18,000 a year (against the overall limit of Rs 25,000), you can claim an additional Rs 5,000 on preventive health check-ups.Įxpenditure on treatment and rehabilitation of a disabled dependent: If you have a disabled dependent - who happens to be your spouse, children, parents and siblings - then expenditure on treatment, training and rehabilitation of such a dependent is also eligible for income tax deduction up to a certain limit. One can also claim Rs 5,000 on preventive check-ups within the overall limit prescribed under Section 80D. Also, the payment must be made by any mode other than cash. You can claim such deduction only if the person on whom such expenses are incurred is not covered under any health insurance policy. However, there is a condition for claiming that additional Rs 50,000 spent on medical expenses of senior citizen parents. This limit is inclusive of the overall limit of Section 80D,” says Archit Gupta, CEO & Co-Founder of Clear (previously Cleartax). If you are making payment of medical bills of your senior citizen parents, you can take a separate deduction of up to Rs 50,000. “Section 80D (of Income Tax Act) allows deduction of up to Rs 50,000 for medical expenses incurred for senior citizens, self, spouses or dependent children.
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