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
- STCG....................................................
- Supply through E-commerce Operators
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- TAN for Partnership
- Relief u/s Section 89
- Sales return eway bill
- GST Registration Horse racing
- Section 43B(h) – MSME Invoice Paid Before Year End but After 45 Days
- STCG on ETF gold & silver
- If there is Long term capital gain exists how much total income to be considered
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
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
