an employee spent rs 175000 on treatment of cancer of their dependent parent
how much he claim for deduction and what is the applicable section
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Amount spent on cancer treatment of dependent parent
Replies (5)
Quick Summary
Refer section 80DDB of the income tax Act, read with rule 11 DD of the income tax rules
Maximum amount of deduction
Just refer section ( amended till date)
New section inserted w.e.f. finance bill 2022.
Cancer treatment for a dependent parent (80DDB):
• Sec 80DDB allows a deduction for treatment of specified diseases (including malignant cancers) of a dependant (parent): actual expenditure or Rs 40,000 (Rs 1 lakh if the patient is a senior citizen), whichever is lower, reduced by any insurance reimbursement.
• For Rs 1.75 lakh spent on a senior citizen parent: deduction of Rs 1 lakh.
• A prescripttion from a specialist (oncologist) is required. Old regime only.
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