What are the deductions under chapter VI-A referred to in the form?
Some of the more relevant deductions applicable to the common person in daily life, subject to the proviso that the aggregate amount of deductions should not, in any case, exceed the gross total income, are as follows. Mediclaim : Sec. 80D Deduction upto Rs. 10,000 is allowed in respect of medical insurance premiums paid by cheque by an individual to benefit the assessee and dependent family including spouse, children, and parents. The same benefit is also available to an HUF for its members. For senior citizens, the deduction is raised to Rs. 15,000. However, premiums paid by senior citizens for covering health of their children, dependent or otherwise, are not eligible for the deduction. Handicapped Dependent : Sec. 80DD Following the merger of Sec. 80DDA with 80DD, the total deductible amount was raised from Rs. 35,000 to Rs. 40,000. Sec. 80DD stipulated that a resident individual or a member of HUF having a dependent relative who suffers from a permanent physical disability (includ
