Amendment to [ Section-80DDB ] w.e.f. Assessment Year 2019-2020 under Income Tax Act.
Section 8ODDB, inter alia, provides a deduction to an individual and HUF with regard to amount paid for medical treatment of specified diseases in respect of super senior citizen up to Rs. 80,000 and in case of senior citizens up to Rs. 60,000 subject to specified conditions.
Amendment - Section 8ODDB has been amended (with effect from the assessment year 2019-20) so as to raise the above monetary limit of deduction to Rs. 1,00,000 for both senior citizens and super senior citizens.
All efforts are made to keep the content of this site correct and up-to-date. But, this site does not make any claim regarding the information provided on its pages as correct and up-to-date. The contents of this site cannot be treated or interpreted as a statement of law. In case, any loss or damage is caused to any person due to his/her treating or interpreting the contents of this site or any part thereof as correct, complete and up-to-date statement of law out of ignorance or otherwise, this site will not be liable in any manner whatsoever for such loss or damage.
The visitors may click here to visit the web site of Income Tax Department for resolving their doubts or for clarifications