Deduction in respect of medical treatment, etc. - Section 80DDB - Income Tax - Ready Reckoner - Income Tax

Deduction in respect of medical treatment, etc. - Section 80DDB As per this section, a resident individual/ HUF is allowed a deduction for the medical treatment of certain chronic and protracted diseases (such as Cancer) as per Rule 11DD. Amount of deduction is 40,000 or the expenditure incurred, whichever is lower. The amount of deduction will be 1,00,000 [w.e.f. 1.4.2019] or actual expenditure, whichever is lower, in case of senior citizen. The assessee will have to submit a certificate in the prescribed form from the specialist for such medical treatment. The deduction shall be reduced by the amount received, if any, under an insurance from an insurer, or reimbursed by an employer. In case of an individual, the aforesaid expenditure should be incurred on medical treatment of an individual or wholly/mainly dependent spouse, children, parents, brothers and sisters of the individual. The section speaks of medical expenses incurred on treatment of specified diseases or ailments and should not be confused with premium paid for health insurance bought covering such diseases or ailments. The payment for health insurance is covered under Section 80D of the Income Tax Act. The deduction can be claimed by the individual and HUF who has actually incurred such medical expense.