Income Tax deductions U/s 80DD & 80U
Deduction u/s. 80DD for expenses on medical treatment of disabled dependent CA Sandeep Kanoi Deduction u/s. 80DD for expenses on maintenance/ medical treatment of disabled dependent In Past few years cost of medical treatment has shoot up very sharply and has made medical treatment almost out of reach of Lower and Middle class families in India. Government of India has in order to provide some relief to those who have a dependent with disability or sever disability provided some relief’s from Income tax under section 80DD of the Income Tax Act , 1961. Who is eligible to claim deduction? · Individual or a Hindu undivided family, who is a resident in India. · Deduction u/s 80DD is not available to non-resident Indian (NRI). What Expenses are eligible for deduction? · Expenditure for the medical treatment (including nursing ), training and rehabilitation of a disabled dependent. · Money ...