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Vivek Lala  |184 Answers  |Ask -

Tax, MF Expert - Answered on Mar 16, 2023

Vivek Lala has been working as a tax planner since 2018. His expertise lies in making personalised tax budgets and tax forecasts for individuals. As a tax advisor, he takes pride in simplifying tax complications for his clients using simple, easy-to-understand language.
Lala cleared his chartered accountancy exam in 2018 and completed his articleship with Chaturvedi and Shah. ... more
Ravi Question by Ravi on Mar 09, 2023Translate
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Hai, I am retired from State Govt. PSU during Oct.22. I have taken a medical insurance for me & my wife at a premium of Rs.38000/- during Feb. 2023. Can I claim deduction in the forthcoming ITR during this year and what is the amount?

Ans: yes you can claim the entire amount if you are above the age of 60yrs.
DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Users are advised to pursue the information provided by the rediffGURU only as a source of information to be as a point of reference and to rely on their own judgement when making a decision.
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