30 January 2008
An assesse have a son, who is suffered with Cancer and he incurred a sum of Rs.1,50,000 for treatment purpose and receives a donation of Rs.50,000 from doners,not reletives, What is the treatment for this Rs.50000 and Rs.100000? Please clarify
30 January 2008
As per my knowledge Your case attracts deduction u/s 80DDB. under this section the amount of deduction allowed is Rs.40000 or the actual amount paid , whichever is lower.