My mother's age is 62 years. Can I claim exemption under 80D for the medicine she takes for her treatment? Please advise.
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.