Deduction in respect of medical treatment, etc.
70. (1) An individual shall be allowed a deduction in respect of any amount actually paid during the financial year for medical treatment of the prescribed disease or ailment of any specified person.
(2) The amount of deduction under sub-section (1) shall not exceed in the aggregate -
(a) sixty thousand rupees, if the amount is paid in respect of any specified person, who is a senior citizen; and
(b) forty thousand rupees, in any other case.
(3) The deduction under this section shall be reduced by the amount received, if any, under an insurance from an insurer for the medical treatment of the specified person.
(4) The deduction under this section shall not be allowed unless the person obtains a certificate in the prescribed form from a prescribed specialist working in a Government hospital.
(5) For the purposes of this section,-
(a) "specified person" means,-
(i) the individual,
(ii) the spouse;
(iii) any dependant child of the individual;
(iv) any of the dependant parents of the individual; and
(v) any member of the Hindu undivided family; and
(b) "Government hospital" includes,-
(i) a dispensary established and run by a department of the Government for the medical treatment of Government employees and members of their family;
(ii) a hospital maintained by a local authority; and
(iii) any other hospital with which an agreement has been entered into by the Government for the treatment of its employees.
