https://www.taxtmi.com/acts?id=49525 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. en-us Sat, 22 Feb 2025 11:00:21 +0530 Sat, 22 Feb 2025 11:00:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=49525 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. Act-Rules F. Acts / Amendment Acts Sat, 22 Feb 2025 11:00:21 +0530 https://www.taxtmi.com/acts?id=49525