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of <h1>Resident taxpayer can deduct medical treatment payments up to Rs.40,000 (Rs.100,000 for seniors), reduced by reimbursements</h1> A resident taxpayer who actually pays for treatment of specified diseases for self, a dependant (or, for HUFs, a family member) may deduct the lesser of the amount paid or Rs.40,000 (Rs.100,000 if the patient is a senior citizen) in the relevant year; the deduction is reduced by any insurance or employer reimbursement. Deduction is allowed only with a prescription from an approved specialist. 'Dependant,' 'insurer,' and 'senior citizen' are defined for the section, with senior citizen meaning age sixty years or more during the relevant previous year.
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