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Which types of medical treatment are due for exemptions in 80DD?

April 26, 2017Business exemptions Finance India medical taxes treatment types

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Which types of medical treatment are due for exemptions in 80DD?

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Deduction in respect of Medical Insurance Premia – Section 80D A deduction up to Rs. 10,000 in respect of medical insurance premia for the health of the assessee or his spouse or dependent parents or dependent children or any member of the HUF is allowed as a deduction. If such persons are senior citizens, the deduction is up to Rs. 15,000. Deduction in respect of Maintenance, including Medical Treatment, of Handicapped Dependent – Section 80DD Section 80DD provides that parents or guardian can claim a deduction up to Rs. 50,000 for the medical treatment and for future needs of the medical treatment by paying or depositing under any scheme of LIC or UTI for the maintenance of the handicapped dependent, in the manner most suited to his needs. This is subject to certain provisions regarding taxation of the amount in case the handicapped dependent pre-deceases the individual or the member of the HUF.