I am a working single women and have rs one lakh of taxable income p.a..I have some LICs and other saving scheme through which I am investing around 50,000/- p.a.
I am interested to know whether I can claim tax rebate on medical expenditure done for myself or for my parents however my parents are not dependent on me.Around 20,000/- is spent on dental expenditure.
Kindly suggest for the same.Thanks in advance !
Single Woman Seeks Tax Rebates: Section 80DDB Allows Deductions for Critical Illnesses, Not Dental Expenses or Non-Dependents. A single working woman inquired about tax rebates on medical expenses for herself and her non-dependent parents, specifically mentioning Rs. 20,000 spent on dental treatment. Two responses clarified that under Section 80DDB, deductions are available for medical expenses related to critical illnesses, but only for dependents, and require a medical certificate from a government hospital. The deductions are up to Rs. 40,000, or Rs. 60,000 for senior citizens. However, no deductions are available for dental expenses, and only Medi-claim insurance premiums or medical allowances from employers, up to Rs. 15,000, are deductible. (AI Summary)