Apart from this, there are certain tax deductions which you can claim against the expenses incurred for covid treatment which can help you bring down the tax liability. Covid health insurance: You can claim a tax deduction of up to Rs25,000 under Section 80D against the premium paid for a health insurance policy. This includes a health insurance policy bought specifically to cover covid-19 related expenses. Premium paid for those policies are also entitled for deduction under section 80D, provided that the premium should be paid by any other mode other than cash. In case you paid the premium for the health insurance policy of your parents, further deduction can be claimed.

Source: Mint July 05, 2021 10:18 UTC