Support to senior parents

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ddd
25 Points Posted on 14 April 2014

Hi,

I want to know if there is any option where i can claim tax benifit for supporting parents Since they do not have pension or very low pension. 

Please advice

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On 14 April 2014 at 15:00 Report
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Wealth Manager
5293 Points Posted on 14 April 2014
Section 80DD allows expenses incurred in medical treatment as specified in the act for dependent parents.
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On 14 April 2014 at 15:24
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ddd
25 Points Posted on 14 April 2014
Originally posted by : Mihir
Section 80DD allows expenses incurred in medical treatment as specified in the act for dependent parents.

Thanks Mihir, I knew that, any other options ?

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On 14 April 2014 at 15:33
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VKC
41 Points Posted on 14 April 2014

HI

REFER TO THE CONDITIONS GIVEN IN IRS PUBLICATION 501,THEN YOU CAN CLAIM THE EXPENCES INCURRED ON YOUR PARENTS AS TAX DEDUCTION..

 

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On 14 April 2014 at 15:41

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