Can I present additional medical bills beneath 80D?

I’ve taken medical health insurance for my 69-year-old father, for which I pay round ₹7,000 as premium. I’m paying varied medical expenditure that aren’t lined beneath insurance coverage, comparable to common medicines, well being check-up, and so forth (round ₹25,000 yearly). So, can I present these bills beneath Section 80D because the medical health insurance covers solely hospitalization prices)?

—Sanoop

As per the provisions of Section 80D of the Income Tax Act, 1961, a person is allowed an combination deduction of as much as ₹50,000 every year in the direction of following funds made by him, on the well being of his senior citizen dad and mom (aged 60 years or extra):

• Health insurance coverage premium as much as ₹50,000 every year. Sub-limit for preventive well being check-up is as much as ₹5,000 every year;

• Medical expenditure incurred as much as ₹50,000 every year (if no quantity has been paid in the direction of insurance coverage).

The cost for the above (apart from preventive well being check-up) must be made by any mode aside from money.

In the moment case, as you may have already taken medical health insurance to your father who’s a senior citizen (for which you’re paying a premium of ₹7,000), you wouldn’t be capable to moreover declare a deduction in the direction of medical expenditure. However, you’ll be able to nonetheless declare a deduction for funds made as much as ₹5,000 every year in the direction of preventive well being check-up.

Parizad Sirwalla is companion and head, world mobility companies, tax, KPMG in India.

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