Tax exemption under sec 80dd
This query is : Resolved
05 July 2012
Hi All,
One of my dependent suffers from Hearing loss for which there is deduction under 80DD. I was not aware of this till now and could not claim, even though the hearing loss exists from almost 5 years.
My 2 questions
1. Now I am yet to file the IT returns for FY 2011-12 (AY 2012-13), if I get a medical certificate now, will I be able to claim for refund for FY 2011-12, as the medical certificate will have date after 31st March 2011?
2. 80DD states that deduction of 50,000 for disability 40-80% and 1 Lakh for disability >80%. Is this a flat deduction or limited to the amount we spend on the treatment of the dependent?
Thank you for help.
One of my dependent suffers from Hearing loss for which there is deduction under 80DD. I was not aware of this till now and could not claim, even though the hearing loss exists from almost 5 years.
My 2 questions
1. Now I am yet to file the IT returns for FY 2011-12 (AY 2012-13), if I get a medical certificate now, will I be able to claim for refund for FY 2011-12, as the medical certificate will have date after 31st March 2011?
2. 80DD states that deduction of 50,000 for disability 40-80% and 1 Lakh for disability >80%. Is this a flat deduction or limited to the amount we spend on the treatment of the dependent?
Thank you for help.
05 July 2012
1. u can claim refund for year 2011-12
2.yes its a flat deduction irrespective of expenses incurred
2.yes its a flat deduction irrespective of expenses incurred
Message likes :
1 times
05 July 2012
Thank you so much Sripal.
As I am getting medical certificate only now the date on the Medical certificate will be after 31st Mar like July 12. Can I claim refund for previous financial year. Just wanted to double check it with you.
As I am getting medical certificate only now the date on the Medical certificate will be after 31st Mar like July 12. Can I claim refund for previous financial year. Just wanted to double check it with you.
06 July 2012
when was the payment made,certificate you can produce later
06 July 2012
if u have made payment in previous year u cn claim deduction ,as expenses incurred is importnt,u cn produce certificate later,let me know when was the payment made?
06 July 2012
Thanks SriPal,
Payment is made both previous and this year.
What is the procedure to claim refund? Do I just need to mention deduction while filing returns or do I have to show the certificate to some one?
Payment is made both previous and this year.
What is the procedure to claim refund? Do I just need to mention deduction while filing returns or do I have to show the certificate to some one?
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- REGARDING GST ON COMMERICIAL PROPERTY
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- TDS U/S. 194NF
- Applicable TDS rate for sale of property in Nov 2024
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Payment of bonus act - notice pay recovery
- MIS MATCH OF INVOICE NUMBER
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
Trending Online Classes
CAclubindia
