I am a female employee, working in a company. I want to show medical bills for income tax. I believe the limit is upto Rs 15000 pa. Can i show medical bills of my father in law and mother in law also??
Regards
From India, Bangalore
Regards
From India, Bangalore
I believe they are the dependents of your husband, which implies they are dependents on you too. You can show the bills for tax exemption. Pon
From India, Lucknow
604From India, Lucknow
Hi Thankjs for the information....I have been trying to search in google about this too...Do you know where I can refer to be really sure..Is this mentioned in any tax law?
From India, Bangalore
From India, Bangalore
Dear friends, The Income Tax exemption for treatment up to Rs. 15000 is not on medical bills, but on medical reimbursement. Abbas.P.S
From India, Bangalore
From India, Bangalore
Medical reimbursement on self and family is exempt up to Rs. 15,000/- under Section 17 (viii) of the Income Tax Act. For this purpose, family has been defined u/s 10(5) as spouse and children of the individual; and the parents, brothers and sisters of the individual, wholly or mainly dependent on the individual.
From India, New Delhi
From India, New Delhi
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ONGC - Income Tax perquisite in respect of Medical Treatment provided to Employees.pdf
Income Tax Calculator.xls