At
the present, most of the employee suffering from the various disease
and they can expenses huge of money for their Medical Treatment. Most of
the Employee have not know about the Income Tax Section 80 DDB where
they can relief Maximum Rs. 80,000/- as per the Finance Budget 2015. But
the Income Tax Department have specify the Disease and the way how to
get the benefits of tax relief in section as given below:-
Scope
of Deduction - Deduction is applicable for treatment of self, spouse,
children, siblings, and parents, wholly dependent on you. Diseases
covered
a) Neurological Diseases (where the disability level has been certified as 40% or more).
b) Parkinson’s Disease
c) Malignant Cancers
d) Acquired Immune Deficiency Syndrome (AIDS)
e) Chronic Renal failure
f) Hemophilia
g)
Thalassaemia Key Factors If you are already receiving any reimbursement
for the treatment from your insurance company or employer, deductions
cannot be claimed. If you are receiving partial reimbursement, the
balance amount can be used for a deduction. A certificate would be
required from a specialist working in a government hospital, as proof
for the specified ailment.
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