what are the permitted deductions allowed for ilnesses ?
2007-03-26 17:33:46 · 4 answers · asked by srivalson v 1 in Business & Finance ➔ Taxes ➔ India
Any medical bills you have to pay yourself, and medical insurance premiums, which exceed 7.5 percent of your adjusted gross income.
2007-03-26 17:44:43 · answer #1 · answered by jeff410 7 · 0⤊ 0⤋
If you deposit any amount in the following items then you may get the deduction accordingly for the illness.
80 D mediclaim insurance premium.
80 DD maintenance including medical treatment of a dependant being a person with disability.
80 DDB medical tratment for specified diseases.
80 U Permanent Physical disability (including blindness)
2007-03-27 01:41:39 · answer #2 · answered by MooN 6 · 10⤊ 0⤋
None for illnesses.
You may get rebate if your spent for treatment of illnesses.
2007-03-27 06:08:33 · answer #3 · answered by Anonymous · 0⤊ 1⤋
notified medical insurance premium
or any illnesses which qualified income tax authority
2007-03-27 00:49:32 · answer #4 · answered by Anonymous · 0⤊ 3⤋