21 April 2013
i am having interest on fd as a income source can i claim medical expenses of myself as deduction under section 57 or not or in any other section.
21 April 2013
no it can not be claimed under section 57, as only expense directly related to getting the income is allowed, medical expenses is not allowed under any section except the employer reimburse the same and take the effect in tds. though mediclaim is allowed u/s 80D with few conditions and limits
CAclubindia
