AS PER SEC 80DD for Medical Treatment of Handicapped Dependents DEDUCTION OF 50000/- OR 100000/- IS AVAILABLE IN RESPECT OF ANY AMOUNT DEPOSITED IN BENIFIT OF SUCH PERSON,
SO MY QUESTION IS THAT ,IF TWO OR MORE PERSON ARE CONTRIBUTING FOR SAME PERSON FOR TREATMENT OF SUCH HANDICAPPED PERSON ,
THEN IS IT ALLOWED FOR BOTH PERSON EXEMPTION OF RS.50000/- OR 100000/- ?
Very Interesting…..
As per my understanding exemption is available to individual on whom “person with disability” is mostly dependant.
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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