12 December 2007
80GG- Whether for salaried or all assesees?????
80DD- If exp.& Subscription is less than 50000/750000 whether even then 50000/75000b will qualify for deuction?? What will happen in case of blind member (HUF) no exp. has been incurred???
12 December 2007
As per section 80DD,where an assessee supports a specified person where such person is suffering from specified diseases, assessee is entitled for a deduction of 50000/75000.The section does not preclude the deduction even if the expenses incurred are less than the amount specified.In case a member of HUF is suffering from specified disease, the intent is to support such person by his living or medicines and hence deduction is available.
14 December 2007
deduction U/s 80GG is availavble to all assesee either self employed or salaried provded the assesee is paying rent for accomodation but he does not receive HRA.