Deduction under section 80D (Medical) of Income Tax Act

• September 20, 2019
• CA Chandan Agarwal's Office

Deduction under section 80D of the Income Tax Act is available in addition to the deduction of INR 1.50 Lakhs available collectively under section 80C, section 80CCC and section 80CCD (1).

Deduction under section 80D is available basically for two types of payment, namely –

1. Medical insurance premium (including preventive health check-up); and

2. Medical expenditure.

Read more on: https://taxguru.in/income-tax/deduction-section-80d-income-tax-act.html