Section 80ddb direct deduction o tds
This query is : Resolved
30 December 2013
PLEASE CLARIFY WHETHER THE DIRECT DEDUCTION OF AMOUNT U/S 80DDB CAN BE ALLOWED BY THE EMPLOYER FROM THE TDS AMOUNT CALCULATION IN THE INCOME TAX STATEMENT SUBMITTED BY THE ASSESSEE
30 December 2013
Yes. You can deduct it in form 16 for computing taxable income
30 December 2013
Yes it is feasible.
But following additional documentation is to be ensured
1) The deduction shall be restricted to actual amount spent (subject to ceiling Rs. 60,000 for Sr Citizen and RS. 40,000 for Non-Senior Citizen
2) Form 10I has to be obtained from the claimant. The form has to be duly certified by a Municipal Doctor which should necessarily quote his registration no and
3) The deduction is only allowable in respect of diseases mentioned in the section
Regards
But following additional documentation is to be ensured
1) The deduction shall be restricted to actual amount spent (subject to ceiling Rs. 60,000 for Sr Citizen and RS. 40,000 for Non-Senior Citizen
2) Form 10I has to be obtained from the claimant. The form has to be duly certified by a Municipal Doctor which should necessarily quote his registration no and
3) The deduction is only allowable in respect of diseases mentioned in the section
Regards
30 December 2013
The employer can consider 8ODDB claim of the employee while deducting
income tax at source after ensuring the employee furnishes a certificate in
Form 10-I from a neurologist, an oncologist, a urologist,nephrologist,
haematologist, an immunologist or such other specialist as mentioned in Rule 11DD.
Ref:- CBDT Circular 8/2013.
income tax at source after ensuring the employee furnishes a certificate in
Form 10-I from a neurologist, an oncologist, a urologist,nephrologist,
haematologist, an immunologist or such other specialist as mentioned in Rule 11DD.
Ref:- CBDT Circular 8/2013.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Reopen of assessment proceeding
- Depreciation of fixed assets- coop housing society in mumbai
- TDS on Consultancy- Non DTAA
- Tax Audit u/s 44AB for Transport Business A proprietorship is engaged in transportation business and
- Rental income gst and it purpose
- Management System (IMS)
- COMMERCIAL INVOICE FOR MATERIAL AND FREIGHT
- EPF FULL & FINAL RULES IN 2026
- FTS Taxable under 115A
- Experts need help
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
