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