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Section 80DDB includes tax deductions for specified diseases for individuals and HUFs. In other words, if the expenditure related to the medical treatment of a dependent fall upon self or the family member like parent, sibling, spouse, and so on, and that person has been living in India for that tax year, then he can claim tax deduction under Section 80DDB.
About Section 80DDB
Individual taxpayers and Hindu Undivided Families are eligible for tax deductions for medical treatment related to certain ailments and diseases under Section 80DDB (HUF). The tax deduction can be claimed under the following conditions
Deductions amounts can be claimed as follows under Section 80DDB
For the financial year 2014 to 2015, which is the assessment year 2015 to 2016
For the financial Year 2015-16 onwards, which is the assessment Year 2016-17
From Financial Year 2018-19 onwards (The assessment Year 2019-20)
1) Neurological diseases, where the disability level is testified to be 40% or more.
2) Malignant Cancers
3) Full Blown Acquired Immuno-Deficiency Syndrome (AIDS)
4) Chronic Renal failure
5) Hematological disorders
The content of the certificate or prescription given by the specialist pertaining to the relevant field should be in the laid down format. Previously, Form 10-I was required for the same, but that format has been rejected now. However, it is needed if the dependent is a victim of disabilities, such as Autism and Cerebral Palsy. Currently, the following elements must be present in the prescription.
Details about the specialist:
This prescription form is to be furnished to the income tax department when filing the income tax return. No copy is attached to the income tax return, and it is advisable to keep the copy for future reference.
You can fill out the form using the following steps:
Section 80DDB is a great boon to the people in India. It aims to provide a protective cover for the diseased by enabling the person who bears his medical treatment expenditure to claim the tax deduction. In this way, it also helps the person who bears the expenses. One must avail of this deduction and claim it with the required prescription form and formalities.
1. Can we claim both Section 80DDB and Section 80DD?
Section 80DD and Section 80DDB deductions can be claimed by both resident individuals or Hindu Undivided Families. Section U can be availed only by resident individuals. None of these benefits can be claimed by non-resident individual taxpayers.
2. How should one get the 80DDB certificate?
The 80DDB certificate can be obtained from the doctor. The specialist can be a neurologist having a Doctorate in Medicine (MD) in Neurology. A pediatric neurologist having an equivalent degree is sufficient to provide the certificate for children. Else, he must be a civil surgeon or a chief medical officer in a government hospital.
3. Does 80DD require proof?
The taxpayer will have to furnish the medical certificate copy which testifies the Malady of the patient to claim tax deduction under Section 80DD.
4. Does paralysis come under Section 80DDB?
Yes. paralysis is a neurological disease and it falls under the set of diseases for which one can claim tax deduction under Section 80DDB
5. Can an employer allow deduction under 80DDB?
The maximum amount of deduction allowed from gross total income on the condition that no medical reimbursement is received from any insurance company or employer for this amount.
6. Will I get audited for medical expenses?
If you claim deductions for charity or medical expenses to lower the amount of tax paid, then you will not necessarily be audited for the medical expenses. But when you claim considerable deductions in proportion to your income, then you will get audited.
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