Is medical embursment is taxable even in Cancer.

Tax queries 91 views 1 replies

1- Is medical embursment is taxable even in Cancer. 

2- what is the list of specified illness in income tax.

3- is there any type of rebate in respect of medical embursment.

Replies (1)
  1. Yes.
  2. Specified diseases covered u/s 80DDB are defined under rule 11DD of the income tax. It includes Malignant cancers.
  3. Deductions u/s. 80DDB & 80U are available for assessees suffering from any of these diseases.


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