How much amount i can claim. In 80 DD
My expenditure is 40000 can i claim can i claim 75000 as per limit
Menu
deduction 80 DD
Replies (1)
Dear Anshul,
Deduction is not dependant on the amount of expenses incurred regardless the real expenses disabled dependent relative is lesser than amount mentioned above, the tax assessed will be eligible for the full deduction.
The quantum of deduction is Rs. 75000 for 40% or more disability and Rs. 125000 for 80% or more disability.
Recent Topics :
- “Income Tax Implications of Company-Related
- Advice needed: Hypothetical case of non-filing of
- Demand Raised for Cess Amount Despite Section 89 R
- WRONG BILL NO FILED IN GST R1
- Addtional trade name for my another firm
- Commission / Agency Business without books: REAL E
- Difference between AIS and 26AS data.
- Applicability of FCRA to Article Processing Fees (
- GST Return
- Practical queries on buy back of shares
Related Topics :
CAclubindia
