Deduction u/s 80ddb & 80ccf for tds on salary
This query is : Resolved
07 April 2012
Dear Sir
Plz guide whether Deduction U/s 80DDB & 80CCF are Considered for Calculation of tds on salary
as 80G is not considered for Tds on salary
Plz guide whether Deduction U/s 80DDB & 80CCF are Considered for Calculation of tds on salary
as 80G is not considered for Tds on salary
07 April 2012
Deduction U/s 80DDB can only be claimed while filing the return. Employer can not consider
the same.
http://www.simpletaxindia.net/2009/01/deduction-us-80ddb-in-respect-of.html
.
Deduction U/s 80CCF can be considered by the employer.
the same.
http://www.simpletaxindia.net/2009/01/deduction-us-80ddb-in-respect-of.html
.
Deduction U/s 80CCF can be considered by the employer.
Message likes :
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10 April 2012
thanx alot sir g
25 April 2013
Hi
It seems that the employer can consider dedcution u/s. 80DDB :
SECTION 192 OF THE INCOME-TAX ACT, 1961 - DEDUCTION OF TAX AT SOURCE - SALARY
- INCOME-TAX DEDUCTION FROM SALARIES UNDER SECTION 192 DURING THE
FINANCIAL YEAR 2012-13
CIRCULAR NO. 8/2012 [F.NO. 275/192/2012-IT(B)], DATED 5-10-2012
5.5.8. Deduction in respect of medical treatment, etc. (Section 80DDB):
Section 80DDB allows a deduction in case of employee, who is resident in India, during the previous year,
actually paid any amount for the medical treatment of such disease or ailment as may be specified in the rules
HDD (1) (see Annexure) for himself or a dependant. The deduction allowed is equal to the amount actually
paid or Rs. 40,000 whichever is less. Further the amount paid should also be reduced by the amount received
if any under insurance from an insurerer or reimbursed by an employer. In case of a senior citizen (an
individual resident in India who is of the age of sixty years or more at any time during the relevant previous
year) the amount of deduction allowed is Rs. 60,000/-.
DDO must ensure that the employee furnishes a certificate in Form 10-I from a neurologist, an oncologist, a
urologist, nephrologist, a haematologist, an immunologist or such other specialist, as mentioned in proviso rule
11(2) of the Rules.
For the purpose of this section in the case of an employee "dependant" means individual, the spouse, children,
parents, brothers and sisters of the individual or any of them,
Please have more views.
Rgds
Ramesh
It seems that the employer can consider dedcution u/s. 80DDB :
SECTION 192 OF THE INCOME-TAX ACT, 1961 - DEDUCTION OF TAX AT SOURCE - SALARY
- INCOME-TAX DEDUCTION FROM SALARIES UNDER SECTION 192 DURING THE
FINANCIAL YEAR 2012-13
CIRCULAR NO. 8/2012 [F.NO. 275/192/2012-IT(B)], DATED 5-10-2012
5.5.8. Deduction in respect of medical treatment, etc. (Section 80DDB):
Section 80DDB allows a deduction in case of employee, who is resident in India, during the previous year,
actually paid any amount for the medical treatment of such disease or ailment as may be specified in the rules
HDD (1) (see Annexure) for himself or a dependant. The deduction allowed is equal to the amount actually
paid or Rs. 40,000 whichever is less. Further the amount paid should also be reduced by the amount received
if any under insurance from an insurerer or reimbursed by an employer. In case of a senior citizen (an
individual resident in India who is of the age of sixty years or more at any time during the relevant previous
year) the amount of deduction allowed is Rs. 60,000/-.
DDO must ensure that the employee furnishes a certificate in Form 10-I from a neurologist, an oncologist, a
urologist, nephrologist, a haematologist, an immunologist or such other specialist, as mentioned in proviso rule
11(2) of the Rules.
For the purpose of this section in the case of an employee "dependant" means individual, the spouse, children,
parents, brothers and sisters of the individual or any of them,
Please have more views.
Rgds
Ramesh
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