Can I Get Tax Deductions for Myself, Daughter, and Mother?

Ans: Yes, you can claim exemption under Section 80D for medical expenses incurred on family members aged 60 years or more, who do not have health insurance coverage.

Family members include self, spouse, dependent parents. One can claim a maximum deduction of Rs 50,000 in a financial year.

To claim the deduction, all the medical expenses need to be paid in any valid payment mode like net banking, digital channels, etc, except cash.

Ans: Total amount of 75K for you and your family and dependent parents provided you pay the premiums.

Ans: Section 80D includes a deduction of Rs 5,000 for any payments made towards preventive health check-ups. This deduction will be within the overall limit of Rs 25,000/Rs 50,000, as the case may be. This deduction can also be claimed either by the individual for himself, his spouse, dependent children or parents. The payment for preventive health check-ups can be made in cash.

For the welfare of senior citizens (Resident + aged 60 or above) who don't have health insurance, a deduction up to Rs. 50,000 can be claimed on the medical expenses incurred for them. However, if they already have health insurance and have made payments to keep it active, they won't be eligible for this deduction.

Ans: As long as the conditions mentioned in 80DD are fulfilled, and you had incurred expenditure on medical treatment of disabled person, the deduction will be allowable in full. Person is required to submit form 10IA