What is Rule 11DD?

11DD . ( 1) For the purposes of section 80DDB, the following shall be the eligible diseases or ailments : (i) Neurological Diseases where the disability level has been certified to be of 40% and above,— (a)

What are specified diseases?

Which diseases or illnesses are specified under section 80DDB?

• Neurological diseases, with disability level of 40% and more and covers Chorea, Motor Neuron Disease, Dementia, Ataxia, Aphasia, Parkinson’s Disease Dystonia Musculorum Deformans, and Hemiballismus.
• AIDS- Acquired Immuno-Deficiency Syndrome.
• Malignant Cancer.

What is 80DDB?

Under Section 80DDB of the Income Tax Act 1961, an individual can claim tax deduction for medical treatment of certain specified ailments availed for self or a dependent. The dependent can be spouse, parent or sibling.

What is 80D 80DD 80DDB?

All about income tax deduction under Sec 80D, 80DD, 80DDB for medical expenses. Section 80D of the IT Act provides a deduction to the extent of ₹25,000 in respect of the premium paid towards an insurance on the health of self, spouse and dependent children.

Can both 80DD and 80DDB be claimed?

Sections 80DD and 80U deals with the tax-saving deduction that can be claimed for the medical expenditure incurred. Under these sections, deduction can be claimed by a person for himself/herself or for a dependent person. However, remember both these deductions cannot be claimed simultaneously.

Is Covid under 80DDB?

The proposal that is now being considered is to include expenses made on Covid-19 treatment under the prescribed diseases category as per section 80DDB and therefore, qualify such expenditure for getting income tax deduction benefits.

What diseases are covered under 80DD?

The following disabilities are covered under section 80DD of the Income Tax Act, 1961:

• Hearing impairment.
• Mental retardation.
• Mental illness.
• Autism.
• Cerebral palsy.
• Blindness.
• Low vision.
• Leprosy-cured.

Which disease comes under 80DDB?

Neurological Diseases as identified by a specialist ,where the level of disability has been certified to be of 40% and above and covers Dementia, Dystonia Musculorum Deformans, Chorea, Motor Neuron Disease, Ataxia, Aphasia, Parkinson’s Disease and Hemiballismus. Malignant Cancer.

Which disease is covered under 80DDB?

Specific Diseases Covered under Section 80DDB It includes Dementia, Dystonia Musculorum Deformans, Motor Neuron Disease, Ataxia, Chorea, Hemiballismus, Aphasia, and Parkinson’s Disease. Chronic Renal Failure. Malignant Cancer.

Can hospital bills be claimed on taxes?

Exemption from regular medical expenses It comes under section 10A of the Income Tax Act 196. The tax exemption limit is of up to Rs. 15,000. If your employer provides health insurance benefits, then you can save up to the amount of Rs.

What is the limit for 80DD?

The income tax deduction which is allowed, under section 80DD is Rs. 50,000 for what is defined earlier as disabled dependant (40% and over disability) This limit went upto Rs. 75,000 since 2016. The income tax deduction which is allowed, under section 80DD is Rs.

What are specified diseases for the purpose of rule 11dd?

11DD . (1) For the purposes of section 80DDB, the following shall be the eligible diseases or ailments : (i) Neurological Diseases where the disability level has been certified to be of 40% and above,— (ii) Thalassaemia.

What was the purpose of rule 11dd in 1962?

Rule 11DD – Specified diseases and ailments for the purpose of deduction under section 80DDB – Income-tax Rules, 1962

What is rule 11dd for medical deductions?

Rule 11DD – Specified diseases and ailments for the purpose of deduction under section 80DDB – Income-tax Rules, 1962 Notification No. 78/2015 – Dated: 12-10-2015 – Income-tax (15th Amendment) Rules, 2015 Section 80DDB – Deduction in respect of medical treatment, etc.

What is rule 11dd for allindiaitr tax filing?

– AllIndiaITR E-filing Help Center What is Rule 11DD? Thalassaemia. Are you tax prepared? We’re here to help.