People with disabilities are among the most marginalised groups in the world. People with some disability have to suffer not only because of their physical condition moreover society also plays its part in discouraging these people. Financial expenses of the disabled ones and their family member also go up because of the medicinal charges. If such expenses are made taxable, it becomes difficult for the person to manage the budget in such adverse conditions. To avoid this hike in medicinal charges, Indian Law has laid down a provision in the Income-tax Act, 1961. Section 80DD of the Income Tax Act specifically deals with disabled people. The percentage of disability determines the income tax deductions provided to the relatives of the disabled.<\/p>\n\n\n\n
Diseases covered under Section 80 DD are as follows :<\/p>\n\n\n\n
Medical Certificate\nfor the disabled dependant is given by :<\/strong><\/p>\n\n\n\n An individual who belongs to a Hindu Undivided Family (HUF)<\/strong> and the person taking care of the\ndisabled in the family can claim for Deduction under Section 80 DD.<\/p>\n\n\n\n Deductions made under Section 80 DD of the Income Tax Act, apply\nto the expenses made on medicines and other medical bills. The amount also\nincludes the insurance premium paid<\/strong>\nto the insurance companies to cover the cost of money spent on maintenance of\nthe disabled person. <\/p>\n\n\n\n Some considerations\nrelated to insurance premium<\/strong><\/p>\n\n\n\n Not every insurance scheme qualifies for the claim of\ndeduction under Section 80 DD. The policy should insure the life of the\ntaxpayer and should be on his name.<\/p>\n\n\n\n The premium of the insurance should be paid annually or in a\nlump sum amount to benefit the dependent disabled.<\/p>\n\n\n\n The nomination of the policy should be made on the name of\ndisabled dependent or any other person or trust that would receive the benefit of\nthe disabled person.<\/p>\n\n\n\n The amount of deduction allowed under section 80 DD of the\nIncome Tax Act depends upon the severity of the disability.<\/p>\n\n\n\n The family of a person with a disability percentage above 40\nbut less than 80 can claim tax deduction up to Rs 75,000<\/p>\n\n\n\n The family of a person with a disability percentage above 80\ncan claim tax deduction up to Rs 1,25,000<\/p>\n\n\n\n Medical Certificate<\/strong>:\nTo claim the deductions under Section 80 DD of the Income Tax Act, the taxpayer\nwill have to submit a copy of the medical certificate given by the related\nauthority.<\/p>\n\n\n\n Form 10-IA<\/strong>: If a person is suffering from Autism,\ncerebral palsy or multiple disabilities, then Form 10-IA needs to be submitted.<\/p>\n\n\n\n Self-Declaration\nCertificate<\/strong>: Taxpayers, before applying for deductions under Section 80 DD has\nto provide a self- declaration certificate mentioning the expenses made on the\nmedical treatment.<\/p>\n\n\n\n Receipts of Insurance\nPremium Paid:<\/strong> Taxpayers will also\nhave to provide the receipts of Insurance Premium Paid, to avail deductions\nunder Section 80 DD.<\/p>\n\n\n\n The pain and agony through which the disabled person and his\nfamily members go through cannot be expressed in words. The society in which we\nlive in adds on to the agony of disabled ones and their family members by\npassing unnecessary remarks. As a remedy to this situation, Indian Law added\nSection 80DD to the Income Tax Act which deals explicitly with disabled people.\nThis section provides deductions in expenses made on medicines and the\nmaintenance of the disabled person. This support from the government and other\nauthorities cannot end the actual pain and suffering of disabled people and\ntheir family members. However, these efforts can help them in managing financial\nexpenses to some extent.<\/p>\n","protected":false},"excerpt":{"rendered":" People with disabilities are among the most marginalised groups in the world. People with some disability have to suffer not only because of their physical condition moreover society also plays its part in discouraging these people. Financial expenses of the disabled ones and their family member also go up because of the medicinal charges. If […]<\/p>\n","protected":false},"author":26,"featured_media":26953,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"acf":{"service_id":"78"},"yoast_head":"\nWho Can Claim the Deduction under Section 80DD ?<\/h2>\n\n\n\n
Terms and Conditions for Claiming Deductions under Section 80DD<\/h2>\n\n\n\n
Amount of deduction allowed under section 80DD<\/strong><\/h2>\n\n\n\n
Documents Required to Claim deductions under Section 80 DD<\/h2>\n\n\n\n
Conclusion<\/h2>\n\n\n\n