Deduction Chapter VIA

123 views 1 replies
what is limit U\s 80 D and 80DD and 80 DDB
Replies (1)

In short....... (for AY 2018-19)

80D..   Rs.25,000/- for health insurance and preventive health check-up paid for himself, spouse and dependent children. If the taxpayer or any of his family member is of 60 years or more, the same deduction will be increased to Rs.30,000/-

80DD .... Payment or deposit to specified scheme for maintenance of dependent handicapped relative.

i. Where disability is 40% or more but less than 80% – fixed deduction of Rs 75,000.

ii. Where there is severe disability (disability is 80% or more) – fixed deduction of Rs 1,25,000.

 

80DDB ....   A claim of Rs. 40,000 or the amount actually paid, whichever is less is available for a deduction to a resident individual or HUF. & the deduction that could be claimed for a senior citizen and a super senior citizen is Rs 60,000 and Rs 80,000 respectively.  


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register