Medical treatment deduction updated: expenses must be actually incurred; insurance receipts reduce the claim; higher cap for seniors.

The amendment requires that medical expenditure eligible for deduction be actually incurred, raises the deduction ceiling, mandates that the deduction be reduced by amounts received under insurance for the same treatment, and provides a higher ceiling where the expenditure concerns the assessee, a dependent relative or a member of the assessee's Hindu undivided family who is a senior citizen; it also replaces the Explanation to define "dependant", "insurer" and "senior citizen" for the section.

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