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Capital gain

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(Querist)
17 March 2013 assessee sold a land property for getting his cancer treatment done capital gain is long term is there any deduction available to him and how he can save tax?

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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
17 March 2013 for cancer treatment, assessee can get deduction u/s 80DDB up to Rs.40000 and incase of senior citizen up to R.60000
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CA Anushree jain

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CA Anushree jain (Querist)
21 March 2013 is this claim regarding medical expenditure
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
21 March 2013 Yes. this deduction is for incurring medical expenses on treatment of specified diseases. Cancer also covered under Specified diseases

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