Deduction is now allowed for Medical Insurance or Central Government health scheme 

upto

25000 for family + 25000 for Parents

In case of senior citizen resident in India who are residents,the limit is 30000 instead of 25000

 

Example

If parent senior citizens,then 25000 for family+30000 for parents

If person and parents both senior citizen,then 30000 for family+ 30000 for parents

If both person and parents not senior citizen,then limit is

20000 for family + 20000 for Parents

 

Preventive Health checkup (Medical Lab testing)

Included in above limit is Rs 5000 for Medical Lab testing .

 

New Deduction for Resident Very Senior Citizens (NEW PROVISION)

Very senior citizens mean persons greater than 80 years of age.

These old people do not get Medical Insurance easily

Hence,for these people,new deduction allowed for MEDICAL TREATMENT of Rs 30000

Deduction is allowed to these Senior Citizens themselves or to those Individuals whose parents are very senior citizens

 

Note:-

If both medical  insurance and medical expenditure claimed of very senior citizens,then maximum deduction is limited to 30000

 

 

Important Points

1.Very senior citizens and Senior Citizens who are RESIDENTS only are covered for additional benefit of 25000/30000

In case,person is resident,limit is 25000

 

2.This deduction is only for Individual and HUF

 

3.Family means

In case of Individual-

Self,Spouse,Dependent children

In case of HUF

Members of HUF

 

4. Effect of Amendment

Particulars Old Limit New Limit
Family+Parents 15000+15000 25000+25000
In case of senior citizens who are resident 20000 30000

Medical Lab testing included in above limit

5000 5000
Medical Treatment for Very senior citizens who are residents 0 30000

 

 

  1. Income Tax
  2. Amendments Income Tax for November 2016 Exams
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Davneet Singh
Davneet Singh is a graduate from Indian Institute of Technology, Kanpur. He has been teaching from the past 8 years. He provides courses for Maths and Science at Teachoo. You can check his NCERT Solutions from Class 6 to 12.
  • PREETI SNEHA's image
    Dear All,

    My father age 63 year not having medical insurance. As per Finance act 2018 can he be eligibe to claim medical expenditure up to Rs 50000 under section 80D? Is it mandatory that expenditure to be paid by card/ online transfer? If he is paying by cash, can he eligible to claim that amount i.e, upto Rs 50000? Whether amt
    of Rs 5000 towards preventive health checkup is included in Rs 50000 or excluded?

    Thanks and Regard
    Preeti 


    View answer
  • Kunal Pandey's image
    If we want to take deduction for medical exp then in which section it falls





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  • Avinash nagireddy's image
    Avinash nagireddy
    Aug. 1, 2017, 10:47 p.m.
    medical expenditure for normal citizens will claim how much

    View answer