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Showing posts with label Maximum limit of IT deduction U/s 80DDB. Show all posts
Showing posts with label Maximum limit of IT deduction U/s 80DDB. Show all posts

Sunday, 19 June 2016

When you have spent money for treatment of a dependent, suffering from a listed disease, you can claim deduction under section 80DDB. This deduction can be claimed by an individual or HUF. Only residents in India can claim this deduction. It can be claimed for your spouse, children, parents and siblings. (The diseases for which this deduction is allowed are listed at the end of this article).