What is the maximum no. of dependents can be claimed under 80 DD.
Suppose if an assessee does have two or three handicapped dependents and if they are above 80 % disability then what is the maximum amount this assessee can claimed under income tax.
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80 DD- Handicapped Dependent
Replies (5)
Dear Sandeep,
The limit u/s 80 DD is in respect of ASSESSEE & NOT FOR NUMBER OF DEPENDENTS..
THAT IF AN ASSESSEE HAS 2 OR 3 DEPENDENTS THEN ALSO THE MAXIMUM AMOUNT OD DEDUCTION U/S 80DD CANNOT EXCEED 50,000 or 75,000
DEDUCTION U/S 80DD CANNOT EXCEED 50,000 or 75,000
HI Mukesh
As per the new amendment maximum limit is 1,00,000 for 80DD.
Ya Brother u r rite, It has incresed to 1 lac with the second finance act 2009
Pls Ignore the above reply since benefit of 80DD can be extended to number of dependents.
Board's Circular - 702 - dated 03-04-1995
/forum/deduction-80505.asp
Sincere apologies for an incorrect post earlier...........!
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