23 January 2016
My dependent wife is undergoing treatment for Hypertensive nephropathy,for which I have spent lots of money.Can I claim deduction u/s 80DDB? If answer is yes,then how? if the answer is no,then why?Please help me.
24 January 2016
1.Yes you can claim 80 DDB.Assuming Treatment Hypertensive nephropathy is related to Chronic renal failure.And it is specified disease for allowing 80 DDB.so you are eligible to take deduction under section 80 DDB.
2.You are allowed to take deduction for 80 DDB on amount spent for spouse treatment..
How much deduction is allowed?
For financial year 2015-16 (assessment year 2016-17) 40,000/- or the amount actually paid, whichever is less. In case of senior citizen Rs 60,000 or amount actually paid, whichever is less. For very senior citizens Rs 80,000 is the maximum deduction that can be claimed. For financial year 2014-15 (assessment year 2015-16) 40,000/- or the amount actually paid, whichever is less. In case of senior citizen Rs 60,000 or amount actually paid, whichever is less.
24 January 2016
1. A certificate of the disease is mandatory to claim deduction in your income tax return. The process of getting this certificate has now been simplified by the income tax department. 2. For patients who are receiving treatment in a private hospital, the certificate can be taken from the private hospital itself. They don’t have to take certificate from a government hospital. Certificate must be taken from a specialist with a degree in the specialised field. This degree must be recognised by the Medical Council of India. 3. For patients getting treated in a government hospital, certificate must be taken from any specialist working full-time in that hospital. Such specialist must have a post-graduate degree in general or internal medicine or any equivalent degree, which is recognised by the Medical Council of India. 4.Certificate in Form 10I is no longer required. The tax department has specified some details that the certificate must include. The certificate must have name and age of the patient, name of the disease or ailment, name, address, registration number and the qualification of the specialist issuing the prescription. If the patient is receiving the treatment in a government hospital, it should also have name and address of the government hospital.
24 January 2016
Very good answer & gave all the relevant information like form 10-1......etc.Thanks a lot.ALWAYS HELP OTHERS..........GOD WILL HELP YOU.
CAclubindia
