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ANKUR (PROPRIETER)     16 February 2014

Will accidental expenses can be claimed under tax exemption

Hi all !!

I have a query . My father is a senior citizen and had an accident for which he paid Rs 40,000 in the hospitalisation and treatment. Can he use these expenses to claim tax exemption for the year 2013-14 and if yes what is the limit . Thanks



Learning

 1 Replies

R RAJAGOPALAN (ADVOCATE)     17 February 2014

No, there is no way he can claim his accident expenses except as a business expenditure, that too by stretching arguments.


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