2024-07-20 01:03:29
New Delhi: While filing Income Tax Return (ITR), many types of deductions are available. These include the amount spent on the treatment of a disabled person. If a person is himself disabled or there is a disabled person in his family and money has been spent on their treatment, then a total exemption of up to Rs 1.25 lakh can be taken in income tax. This exemption is available under Income Tax Section 80DD and 80U. However, for this it is necessary that the disabled person should have a disability certificate issued by the concerned officer. If the certificate is not there, then the exemption cannot be claimed. The provision of exemption of up to Rs 1.25 lakh under Income Tax Section 80DD and 80U is only in the old tax system. The person filing ITR with the new tax system will not get its benefit. However, to get exemption under the old tax system, many conditions have to be followed, otherwise you will not be able to avail the exemption.
You cannot avail both the discounts together
The benefits of both the facilities cannot be availed simultaneously. Suppose, a disabled taxpayer claimed income tax exemption under 80U for his treatment. In the same financial year, money was also spent on the treatment of his disabled family member. In such a case, the taxpayer cannot claim tax exemption under 80DD. He can avail the benefit of only one of the two exemptions, 80U or 80DD.
Which form needs to be filled?
CA Deepak Chopra explains that to avail the benefit of 80U, one has to fill Form 10-IA while filing income tax. It can be filled online. Keep in mind here that the certificates given in Form 10-IA will also have to be certified by the concerned medical authority and attached. If the certified certificates have expired, then the exemption cannot be claimed until new certificates are made from the medical authority.