You can claim deduction under section 80DDB upto Rs 80000

When you have spent money for treatment of a dependant, suffering from a listed disease, you can claim deduction under section 80DDB. This deduction can be claimed by an individual or HUF. Only residents in India can claim this deduction. It can be claimed for your spouse, children, parents and siblings.

Here are the lists of disease and specialists who can give the certificate under section 80DDB as required for claiming deduction:

Listed Disease Certificate to be taken from
Neurological Diseases where the disability level
has been certified to be of 40% and above —
(a) Dementia
(b) Dystonia Musculorum Deformans
(c) Motor Neuron Disease
(d) Ataxia
(e) Chorea
(f) Hemiballismus
(g) Aphasia
(h)Parkinsons Disease
Neurologist having a Doctorate of Medicine
(D.M.) degree in Neurology or any equivalent
degree, which is recognised by the Medical
Council of India
Malignant CancersOncologist having a Doctorate of Medicine
(D.M.) degree in Oncology or any equivalent
degree which is recognised by the Medical
Council of India
Full Blown Acquired Immuno-Deficiency
Syndrome (AIDS)
Any specialist having a post-graduate degree
in General or Internal Medicine, or any
equivalent degree which is recognised by the
Medical Council of India
Chronic Renal failure
A Nephrologist having a Doctorate of
Medicine(D.M.) degree in Nephrology or a
Urologist having a Master of Chirurgiae(M.
Ch.) degree in Urology or any equivalent
degree, which is recognised by the Medical
Council of India
Hematological disorders
(i) Hemophilia
(i) Hemophilia
(ii) Thalassaemia
A specialist having a Doctorate of Medicine
(D.M.) degree in Hematology or any
equivalent degree, which is recognised by the
Medical Council of India

 

Complete List

The certificate must have

  • Name and age of the patient
  • Name of the disease or ailment
  • Name, address, registration number and the qualification of the specialist issuing the prescription
  • If the patient is receiving the treatment in a Government hospital, it should also have name and address of the Government hospital.

How much deduction is allowed?

For financial year deduction of 40,000/- or the amount actually paid, whichever is less.

In case of senior citizen Rs, 60,000 or amount actually paid, whichever is less.

For very senior citizens Rs 80,000 is the maximum deduction that can be claimed.

 

Please contact us here if you any question on this

 

Posted in Financial Planning.