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Save tax on expenses for treatment of a specific disease

Save tax on expenses for treatment of a specific disease

Wednesday, March 22, 2017, 1:07 PM

You get this deduction for expenses incurred on treatment of specified diseases for yourself/spouse/dependent parents/children or siblings. Maximum deduction you can claim is INR 40,000 a year. If the person for whom you claim expenses is 60 years or more, then maximum limit is INR 60,000 a year. The maximum deduction is INR 80,000 a year if the dependent person is over 80 years.
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