Find out if you are eligible to claim a deduction under section 80DD or not. Check out the conditions you must meet to avail this deduction for ay. Income Tax Deduction Under Section 80DD: Know eligibility criteria, terms Form IA: If the disabled dependant is suffering from autism, cerebral palsy or. Form 10IA is a document that must be submitted for claiming section 80DD deduction for disability like autism, cerebral palsy and multiple.

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This is where we come into the picture.

Section 80DD: Deduction on medical expenses of disabled dependent

The policy must satisfy the conditions mentioned in the law. If the disabled dependent predeceases the person claiming deduction under this section, then an amount equal to the amount of premium paid shall be considered to be the income of the claimer for previous year i. In case your disabled dependant is suffering from Autism, Cerebral Palsy or multiple disabilities, you will need to produce form number IA. Just like section 80DD, there are several other tax saving provisions covered under the Income Tax Act, but you might fail to claim the tax benefits in the absence of proper knowledge and procedures.

Foem of Insurance Premium Paid: Hence, the individual taking care of the medical expenses of dependent person with disability can get tax deduction of Rs.

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However, if you want to claim any deduction payment towards any insurance policies taken for a disabled dependant, then you need actual receipts of expenses. You can claim the full amount of Rs. Related Guides November 2, The Income tax department is lenient towards the taxpayers who have a disability or have a disabled family member dependent on them.

Deduction allowed varies depending on whether the dependent person has disability or severe disability. This deduction is offered to help you take care of your disabled family member who is dependent on you. Any expenditure made towards medical treatment, nursing, training, rehabilitation of a dependent person with disability. Click here to download Form IA in pdf format.

Who can claim a deduction under section 80DD?

Email Me This Guide. Tax Filing in India Get your U. Since self-declaration certificate is enough for claiming most expenses, you do not need to keep actual receipts of those expenses. Who can certify a person as a disabled person? Deduction on medical expenses of disabled dependent.

If you have a dependent person in your family who is suffering from a disability, then you can avail tax benefit under section 80DD.

If the individual himself is suffering from a disability, then he can claim tax benefits under section 80U. Deduction Amount Deduction allowed varies depending on whether the dependent person has disability or severe disability.

The following kinds of medical authorities can certify a person to be disabled: You can visit any of our retail offices to get your taxes filed and avail year-round support in tax related matters. Tax Filing Guides Useful and informative US tax content to help you be aware of everything you need to know.

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Who can claim a deduction under section 80DD?

Hence, the individual taking care of the medical expenses of dependent person with severe disability can get tax deduction of Rs. The disabled person should be dependent on the person claiming deduction.

Please check your email for guide in PDF format. The disabled person should not have claimed deduction under section 80U.

Any amount paid as premium for a specific insurance policy designed for such cases. So, you should take help of tax experts for this job.

Deduction under section 80DD

Visit Our Tax Forum. Knowledge Center Income Tax Guides Guides that help you file your taxes and help understand everything about tax calculations U. I have spent Rs. You will require the following documents to 80dx tax benefits of section 80DD. You also need to furnish a self-declaration certificate stating the expenses incurred by you on your handicapped dependant for his medical treatment including nursingtraining and rehabilitation.

Saving taxes and filing income tax return accurately 80dc very easy when you have professional help.

Click here to download Form IA in word format.