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Deduction 80DDB

Yasir (article assistant ) (472 Points)

16 July 2024

how much amount of deduction we can claim in 80DDB for cancer treatment of my dependent father
Actual expenses is rs 120000

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5 Replies

prasad Nilugal ( GST Practitioner & Accounts ) (14916 Points)
Replied 16 July 2024

Of which financial year, you are claiming ?.

CA Anoop Kumar Sharma (Accounts Manager) (2070 Points)
Replied 16 July 2024

Below 60 years 40000/- and above 60 year 100000/- this is maximum limit in under 80DDB in old regime.

prasad Nilugal ( GST Practitioner & Accounts ) (14916 Points)
Replied 16 July 2024

Above mentioned deductions are applicable for F.Y 23-24 , however if he is claiming for F.Y 24-25 , then he has to wait for Budget 24 , which is on 23 rd of July , if amendment took place in this section, it may or may not happens, but check, if you are claiming for F.Y 24-25 .

sabyasachi mukherjee (27849 Points)
Replied 16 July 2024

Exemption from gross total income. Eligible investments

prasad Nilugal ( GST Practitioner & Accounts ) (14916 Points)
Replied 26 July 2024

I think in this budget 24, Custom duty on imported Cancer medicine has been removed , so it may becomes cheaper, So you can purchase from outside India for your dependent father, however check effective date .