POSTED BY February 25, 2014 7:20 pm ONE COMMENT
ONHi,
Can you please help to inform what is the mediclaim exemption for Senior Citizen ? Is it the normal 15K value or 20K ? I read an article in a newspaper yesterday, where the amount was mentioned as 20K. But, when I checked with my Tax Consultant , he mentioned that the value is 15K . Hence, I am confused.
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Dear Mitra, being Sr. Citizen, you are entitled for 20K limit. Please check on your own from the official version here.
law.incometaxindia. gov. in/dittaxmann/incometaxacts/2008itact/section80d.htm
Thanks
Ashal