Section 80DD of Income Tax Act
H&R Block brings you a video on medical expenses on disabled u/s 800DD. In this video, we will tell you about the eligibility, who is considered disabled, expenses that are eligible for deduction and on what type of disability the deduction depends. You will also get to know about the certified medical authorities and documents required.
Subscribe to our YouTube channel for latest videos & updates related to taxation: http://bit.ly/HRBsubs
The Income tax department is lenient towards the taxpayers who have a disability or have a disabled family member dependent on them. If you have a dependent person in your family who is suffering from a disability, then you can avail tax benefit under section 80DD. This deduction is offered to help you take care of your disabled family member who is dependent on you.
If the individual himself is suffering from a disability, then he can claim tax benefits under section 80U.
Eligibility criteria for deduction u/s 80DD
Any individual or HUF (Hindu Undivided Family) who is a Resident of India is eligible to claim this deduction.
This tax deduction is not available to NRIs (Non-Resident Individual).
Who is a disabled dependent?
For individuals: Spouse, son/daughter, parents, siblings
For HUF: Any member of HUF
What are the eligible expenses u/s 80DD
Medical treatment, nursing, training, rehabilitation
Premium for insurance policy for such cases
Deduction amount u/s 80DD
Deduction depends on the disability or severe disability
40 %: Rs75, 000
80 %( Severe): Rs1, 25,000
You can refer to the Income tax guide for more information on Section 80DD: https://www.incometaxindia.gov.in/_la...
To know more on Section 80DD you can refer to our guide: https://www.hrblock.in/guides/section...
This guide will give you more information on: Disabilities covered under section 80DD, Who can certify you as a disable person? Required documents to claim the deduction u/s 80DD.
About H&R Block India:
H&R Block is the world's largest Tax Service provider company with over 800+ Million tax returns filed worldwide annually. It is the largest tax services provider for individuals and businesses in India with a strong focus on client satisfaction.
Follow us on our Social Media
Twitter: / hrblockindia
LinkedIn: / hrblockindia
Facebook: / hrblockindia
H&R Block provides services of Individual Income Tax Filing, U.S. Expat Tax Filing, Business Tax preparation and GST Managed Services.
Services offered by H&R Block for Individuals:
Income Tax e-Filing by Experts: http://bit.ly/2xkLlWI
NRI Tax e-Filing: http://bit.ly/2OvmzLd
Tax Consultation & Scrutiny: http://bit.ly/2NObYOh
We help individuals in income tax e filing. eFiling income tax return is mandatory for all individuals with taxable income to remain compliant as per income tax act of India. Income tax return filing due date is 31-July every year.