Medical insurance
This query is : Resolved
16 February 2010
As per income tax ACT 1961 Medical isurance is exemption up to Rs. 15,000/- u/s 80D and u/s 10 we can claim any addition medical exemption.If it is their plz tell me upto what limit?
As per my knowledge their is Rs. 15,000/-
As per my knowledge their is Rs. 15,000/-
16 February 2010
Yes mediclaim deduction avaliable u/s 80D upto Rs. 15,000 and medical reimbursement deduction of medical expenses incurred is allowable upto Rs. 15,000/-. But the same must be part of salary
16 February 2010
Medical reimbursement up to Rs.15000/ per annum is exempted provided part of salary and submission of medical bils
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