Menu
Tax deduction on medical expense of father ( cancer tratment)
How can i get tax benefit on tax deduction on expense on my father cancer treatment and what are the documents required for the same.
Replies (3)
Tax deduction will be available under section 80DDB. The amount of deduction is Rs. 40,000 for person aged less than 60 yrs and Rs. 60,000 for persons aged above 60 years. You do not need to provide bills for claiming exemption, but you should preserve them in case of assessment by the tax officer.
Refer below link which have details/rules/documents to claim 80DDB
/experts/details.asp?mod_id=2256379#1050389
You'll get a deduction of the amount you have spent or Rs 40000 whichever is less
For senior citizens the amount is 60000 or the spent amount whichever is less
Recent Topics :
- Query to Tax Garden tax consultant
- Subject: Urgent Assistance Required – TRACES
- Claiming business re-imbursements while filing GST
- E-waybill 14 Digit Numbring
- Non filing of MGT-14 for MD appointment
- HUF AFFIDAVIT vs HUF DEED - REQUIREMENTS & STA
- Free Pre-Filing Tool to Match GSTR-3B vs GSTR-2B (
- MR AASHOK KUMAR SHARMA
- NIC codes for FIRMS registration of entity
- Register on Income Tax as CA
Related Topics :
CAclubindia
