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DEDUCTION U/S 80DDB UNDER INCOME TAX ACT

Deduction u/s 80DDB can be claimed by individual or HUF for medical treatment for the following diseases and should have paid the expenses on yourself, spouse, children, parent, brother or sister:

1  1 Neurological diseases
·            Dementia
·            Dystonia Musculorum Deformans
·            Motor neutron disease
·            Ataxia
·            Chorea
·            Hemiballismus
·            Aphasia
·            Parkinson’s Disease
2 Malignant Cancer
3 Full blown acquired immune deficiency syndrome (AIDS)
4 Chronic renal failures
5 Hemophilia
6 Thalssaemia

CERTAIN POINTS OF CONSIDERATION
  • Maximum Deduction actual expense or 40000/- whichever is higher, if the person going under treatment is senior citizen then limit is 60000/-
  • To claim deduction one has to produce certificate from specialist government doctors in Form 10-I.
  • In case of Neurological diseases-obtain certificate from Oncologist.
  • In case of Malignant Cancer from nephrologists.
  • In case of Hemophilia from a specialist with degree in Hematology 
  • You can get a certificate from a specialist even if the treatment is being undergone in a private hospital.
  • No such deduction shall be allowed unless the assessee furnishes with the return of income, a certificate in such form as may be prescribed, from a neurologist, oncologist, a urologist, a hematologist, an immunologist or such other specialist, as may be prescribed, working in a Government hospital.
  • The deduction under this section shall be reduced by the amount received, if any, under insurance from an insurer, or reimbursed by the employer, for the medical treatment of the person referred above.
This article is compiled by Student of ICAI SHUBHI GOEL. She can be reached at Shubhigoel1989@gmail.com


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