ONE OF MY RELATIVES WHO HAS INCURRED NEAR TO RS. 36000 AS MEDICAL EXPENSES, REGARDING HEART SURGERY AND OTHER HEART RELATED PROBLEMS IS THERE ANY PROVISION FOR EXEMPTION
2 Replies
avinash singh
(Student)
(122 Points)
Replied 20 March 2015
A deduction to the extent of Rs. 40,000/- or the amount actually paid, whichever is less is available for expenditure actually incurred by resident assessee on himself or dependent relative for medical treatment of specified disease
Muhammed
(Chartered Accountant)
(251 Points)
Replied 26 May 2015
CAN YOU EXPLAIN WHAT IS THAT SPECIFIED DISEASES ?
Recent Topics
- Avoiding tax audit in case of intraday equity loss
- Form 3CEAB
- Form 3CEAA and Form 3CEAB
- DIR 3 Web KYC
- Can i declare LTCG income as business income if I
- Stock entry in new software
- I have an EMI collection shop, what is its SAC cod
- Making payment once in quarter possible under QRMP
- Master File Documentation related
- Applicability of 44AD needs clarification
Related Threads
CAclubindia
