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Can one claim the pension towards medical expenses and get a tax deduction?

According to the provisions under the Income Tax Act, one can claim deduction of the actual expenditure
By OLM Desk | September 12, 2017

My father retired at 65 from a government college and gets a pension every month. He is detected of kidney problem which requires frequent dialysis. Can he claim the pension towards medical expenses and get a tax deduction on it?

Ram Mohan Reddy, Hyderabad

According to the provisions under the Income Tax Act, your father can claim deduction of the actual expenditure incurred up to a maximum of Rs 40,000 for most people and Rs 60,000 for senior citizens. As your father is a senior citizen, he can claim the same, provided the deduction is allowed in treatment of dialysis.

 

olmdesk@outlookindia.com

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