Tax Management India. Com
                        Law and Practice: A Digital eBook ...
TMI - Tax Management India. Com
Case Laws Acts Notifications Circulars Classification Forms Articles News
Highlights
D. Forum
What's New
Sub-Menu

Share:      

        Home        
 
Article Section
Home Articles Income Tax DEV KUMAR KOTHARI Experts This
← Previous Next →

HEALTH INSURANCE AND EXPENSES - PROVISIONS NEED TO BE SIMPLIFIED AND EASY TO AVAIL

Submit New Article

Discuss this article

HEALTH INSURANCE AND EXPENSES - PROVISIONS NEED TO BE SIMPLIFIED AND EASY TO AVAIL
By: DEV KUMAR KOTHARI
January 14, 2021
All Articles by: DEV KUMAR KOTHARI       View Profile
  • Contents

HEALTH INSURANCE AND EXPENSES

In some of provisions of the Income-tax Act, 1961  small relief is allowed to individual and HUF assesses for health insurance popularly known as medical insurance / medi-claim and some expenses are allowed for preventive health check-up, expenses for treatment.  

These provisions are found in S.80D, 80DD, 80DDB. On reading of these provisions we find them highly complex and rigid. Complexity is due to different limits, conditions, provisos and explanations etc. found in these provisions.

These provisions are for general public welfare and need to be simple to avail.

There are different conditions provided for these deductions. For example, for preventive health check-up any mode of payment, including cash payment is permitted whereas for medical expenses, cash payment is not allowed. This is in complete disregard to ground reality. When a person or his relative is sick, first priority is to get treatment and for that make payment to doctors and medical stores. For general public it is not possible to avoid cash payment in such situations. Therefore, medical expenses for treatment should also be allowed even if payment was made in cash.

The provisions are very complex and need to be simplified. For ease of general public who file Returns of Income provisions of this nature should be abundantly clear, unambiguous and easy to avail.

The provision for providing minor relief by way of a deduction, for payments to be made in difficult conditions of sickness of assessee or his dependent or relative etc. should be easy to avail in view of ground reality and situations in course of medical treatment.

Honorable FM is requested to thoroughly simplify provisions which are intended to provide some relief to general public who pays income tax. 

 

By: DEV KUMAR KOTHARI - January 14, 2021

 

 

Discuss this article

 
← Previous Next →

|| Home || About us || Feedback || Contact us || Disclaimer || Terms of Use || Privacy Policy || Database || Members || Refer Us ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.
|| Site Map - Recent || Site Map || ||