Home > Money > Question
Need Expert Advice?Our Gurus Can Help
Anil

Anil Rego  | Answer  |Ask -

Financial Planner - Answered on Aug 25, 2021

Anil Rego is the founder of Right Horizons, a financial and wealth management firm. He has 20 years of experience in the field of personal finance.
He’s an expert in income tax and wealth management.
He has completed his CFA/MBA from the ICFAI Business School.... more
Subramaniam Question by Subramaniam on Aug 25, 2021Hindi
Listen
Money

Kindly let me know if a senior citizen can claim deduction of Rs 50,000/U/S 80L towards domiciliary medical treatment expenses while filing his ITR for AY 2021- 2022.

Shall be grateful for an early reply on the above matter.

Ans: You can claim deduction under Section 80D and not 80L.

Yes, senior citizens aged 60 years or more can claim exemption under Section 80D for medical expenses, if you do not have health insurance coverage.

You can claim maximum deduction of Rs 50,000 in a financial year for the expenses incurred as per the limit of Section 80D.

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.
Money

You may like to see similar questions and answers below

Latest Questions
Nayagam P

Nayagam P P  |6338 Answers  |Ask -

Career Counsellor - Answered on Jun 15, 2025

Asked by Anonymous - Jun 11, 2025
Career
I got 116000 rank in jee mains and 16000 ews rank and I have chemical engineering in thaper in 1 round. What should I choose??
Ans: Your JEE Main rank 116000 and EWS rank 16000 position Thapar University Chemical Engineering as an excellent admission opportunity given the competitive landscape. The university's strong placement record with 75% students placed, average packages of 7 LPA, and established industry connections through companies like Reliance, ONGC, and major pharmaceutical firms provide solid career foundations . Chemical Engineering demonstrates robust growth prospects with expanding opportunities across petrochemicals, pharmaceuticals, energy, and environmental sectors, offering entry-level salaries of 4-6 LPA with significant advancement potential . Alternative options remain limited as your EWS rank eliminates premier NIT/IIIT prospects, while other private colleges lack Thapar's established reputation and placement network . The program's NIRF ranking #29, NAAC A+ accreditation, and total fees of INR 13.84 lakhs represent excellent value proposition compared to uncertain alternatives . Recommendation: Accept Thapar University Chemical Engineering admission immediately, as it provides optimal career prospects, established industry connections, and proven placement success within your rank limitations, while declining carries substantial risk of losing quality engineering education opportunities. All the BEST for the Admission & a Prosperous Future!

Follow RediffGURUS to Know More on 'Careers | Money | Health | Relationships'.

...Read more

DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

Close  

You haven't logged in yet. To ask a question, Please Log in below
Login

A verification OTP will be sent to this
Mobile Number / Email

Enter OTP
A 6 digit code has been sent to

Resend OTP in120seconds

Dear User, You have not registered yet. Please register by filling the fields below to get expert answers from our Gurus
Sign up

By signing up, you agree to our
Terms & Conditions and Privacy Policy

Already have an account?

Enter OTP
A 6 digit code has been sent to Mobile

Resend OTP in120seconds

x