Deduction U/s 80 DD and 80 DDB-with Automated Income Tax form 16 fin Excel For the F.Y.2020-21 in New Format
Deduction U/s 80 DD and 80 DDB. A person with a disability is a reduction in maintenance including dependence treatment [Section 80 DD] (i) Eligible Assessor
These deductions for any person who is a resident of India or approved for HUF.
The deduction will be allowed a fixed discount of seventy-five thousand ((Rs. 5,000)) from his total income of the previous year.
(i) A deduction of Rs. 1,25,000 / - will be given to such dependents where there is a severe disability.
(ii) Terms
(A) Deduction are allowed if they are spent:
Expenses for medical treatment (including nursing) and rehabilitation of a dependent, being a disabled person or a payee or any amount deposited under the schedule laid down by the Life Insurance Corporation or any other insurer or UTI administrator Specific agencies.
(B) In the above-mentioned scheme, in case of death of a person or a member of a Hindu undivided family, provision has been made to pay an annual or single amount for the benefit of a dependent who is a disabled person whose name has been subscribed to this scheme.
(C) The assessor nominates a person with a disability, a person with a disability or any other person or a trustee as a trust for disbursement of money on his behalf for the benefit of the dependent.
(D) If the dependent is a person with a disability, a member of the Hindu Undivided Family or a pre-determined amount equal to the amount paid or deposited as before shall be deemed to be the income of the previous assessor that this amount is received by the assessee in the year and Will apply.
(E) A copy of the certificate issued by the medical authority in the prescribed form and manner assessed by the assessor seeking exemption under this section and in case of a refund of income under section 139, the assessment shall send the exemption in the year.
The condition of persons with disabilities is that in case of necessity to reassess the amount after the time prescribed in the aforesaid certificate, any assessment relating to any previous year under this section will not be allowed after the expiration of the aforesaid certificate. No new certificate is obtained unless determined and a copy is not provided with the return of income.
Exclusion in Medical Treatment etc. (Section 80DDB)
(i) Eligible Assessor
This exemption is allowed to any person or HUF who lives only in India
(ii) Terms
(A) has actually paid any amount for the treatment of any disease or illness mentioned in the regulations issued by the Evaluating Board.
(B) In the case of an individual person conducting the assessment, the cost shall be borne by himself or the dependent
(C) Expenditure for any member of any assessing Hindu Undivided Family may be Hindu Undivided Family.
(d) "Dependent" means:
In the case of any person, spouse, children, parents, siblings or any one of them,
In the case of Hindu undivided families, Hindus are members of undivided families.
Complete or essentially dependent on this national or Hindu undivided family for its support and maintenance
Support and maintenance.
(iii) Discount rate for (a)
The amount spent by a ‘non-senior patient’ (under 60 years of age); Or 40,000 per year, which is less than the previous year, in the fact this amount was paid.
(B) a 'senior citizen' (age 60 years or more)
In the case of any member of the Hindu undivided the family who is actually assessing the amount paid or his dependents or valuers and who is a senior citizen, a rebate of ড 100,000 will be allowed under this section.
"Senior Citizen" means an individual resident in India, who is sixty years of age or older at any time during the relevant previous year.
(iv)Treatment of Medical Insurance Claims Received The amount of exemption under this section should be reduced by the amount paid for the treatment received by an insurer under insurance, or for the treatment of a person provided by an employer.
(v) Duplicate copy of prescription [Option of First A provision in Section 80 DDB] Exemption under this section shall not be allowed unless one receives a copy of the prescription for such treatment from an evaluating neurologist, an oncologist, urologist, a haematologist, or an immunologist. Any other specialist may be prescribed as such
(vi) Diseases granted u / s 80DDB [Rule 11DD]
Neurological diseases:
(A) Dementia
(B) Dystonia muscular deformity
(C) Motor neurone disease
(d) Ataxia
(E) Korea
(F) Hemiblimus
(G) Aphasia (h) Parkinson's disease
Cancer
Fully acquired acquired immuno-deficiency syndrome (AIDS)
Chronic renal failure
Hemophilia
Thalassemia.
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