Maximum Deduction U/s 80D

Tax queries 7588 views 30 replies

sab jhagra choro:

                          Below 65 Years           Above 65 years

Assessee        15000                             20000

Parents            15000                             20000

                        30000                                40000

I hope aab sara jhagra khatam???

Abhimanyu is right.......... maximum 35000 if assessee is below 65 and parents above 65 years of age.......... and maximum 40000 if assessee and his parents both are above 65 years of age (senior citizen).............

the max deduction can go upto 40,000rs as every1 agrees

In my opinion and according to act,

15,000 For( individual) &

20,000 for Parents Senior Citizend

but aggregate claim is only upto 15,000 or 20,000. (not 35,000)

Let,   A- me  ,B- wife , C- son ,  X-  Father,   Y-   Mother.

1. A-45yr, B- 42yr, C-21yr         Father-60yr , Mother- 58yr----------max 15k+15k=30k

2. plus 6yrs to all members age ----------------------------------------max 15k+20k = 35k

3. plus 21yrs (in point 1) to all member age --------------------------max  20k + 20k= 40k

Correct me if i m wrong....................

I think Mr. Saurabh is right in the calculations.

my dear friends if u want to give thanks to any person plz. press "thank user" tab below the name of that person..................

self spause and childerns-15k

Parents- 15k(additional to self 15k)

so the total is 30k

now if the parents are senior citizen than their  15k will be 20k so than the total will be 35k

and if yourself and spause are senoir citizen than you also eleigible to claim 20k so in that case the total deduction will be 40k

 

@ saurabh

you seems very desparate to take thanks..." follow geeta,'do your work and let others recognize it, you will surely recieve the"ful"

Yes Saurabh Shukla is right..........u can claim upto 40k.

i agree with amir &dhiraj...........

Its 15000/20000[normal person/seniour citizen] if assesee as well his parents are seniour citizen than he can claim a deduction upto 40000

In case of assessee and parents are senior citizens the aggregate amount of maximum deduction Rs. 40,000/-

In case of parents only senior citizens the aggregatea amout of maximum deduction Rs. 35,000/-

In case of assessee and parents are not senior citizens the aggregate amount of maximum deduction Rs. 30,000/-

 

Thanks & Regards

R D Verma

Is 80 D benefit is available on total amount paid or service tax is excluded

for individual 15000/- and for siniour citizen 20,000/-


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register