Difference in bank certificates and form 26 as

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

11 June 2014 Dear sir,
On viewing my Tax credit from Form 26AS Ifound that there are differences in the amount shown in 26AS Interest credited by bank and amount in the ceretificate given by the bank.

Please guide me regarding the amount to be taken and shown in ITR.

Secondly, I have incurred medical expenses on myself ,treatement taken from a private neurologist. I have bills and receipts of Tests carried out.
Please guide me whether the amount can be deductible under 80DDB.
I am a senior citizen
I shall be thankful to you for your guidance
Yours
Subhash Chandra Sharma

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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11 June 2014 1. take as per 26 AS.

2. but check condition mentioned u/s 80DDb is fulfilled or not

Ganeshbabu K

Ganeshbabu K (Expert)
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12 June 2014 Sec.80DDB
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Amount of deduction:
The actual expense or Rs 40,000, whichever is lesser can be claimed for income tax deduction under section 80DDB. If the person undergoing treatment is a senior citizen and resident of India the exemption limit is Rs 60,000.
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Yes ,if Neurology Diseases with disability of at least 40% you can avail deduction as above suggested
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only if you can get certificate in form no 10-I from prescribed specialist working in Government hospital.
***
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Though certificate is not required to be attached with ITR form(online filing of ITR) you should keep it you for record sake.
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Note that if you already claimed any insurance for this treatement your expenditure incurred is total expenditure reduced by insurance received if any.
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Ganeshbabu K

Ganeshbabu K (Expert)
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12 June 2014 Find below link for
.
Format of Certificate of prescribed authority for the purposes of section 80DDB
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http://law.incometaxindia.gov.in/DITTaxmann/IncomeTaxRules/pdf/itr62Form10I.pdf

Querist : Anonymous

Querist : Anonymous (Querist)

12 June 2014 Thanks to the experts for theiradvise.

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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12 June 2014 you are welcome..........................................................friend