Increased DEDUCTION on Treatment of Specified Diseases for SENIOR CITIZENS

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VIDEO IS ABOUT:

In this video we have discussed about the Increased Deduction Limit (which is increased to 1 Lakh Rupees) on Expenses through Treatment of Specified Diseases (which are prescribed by Income Tax Department) for All Senior Citizens under Section 80DDB from Financial Year 2018-19. There is no change to this limit in case of Citizens below 60 years. In the past the Deduction Limit was 40 thousand, 60 thousand and 80 thousand for Normal, Senior and Super-Senior Citizens Respectively...

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LINKS:

Specified Diseases List -
https://goo.gl/jTeoo1

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TAGS:

Income Tax, Income Tax Deduction, IT Deduction, Increased Deduction, 1 Lakh Rupees, Expenses on Treatment of Specified Diseases, Senior Citizens, Super-Senior Citizens, Section 80DDB, Financial Year 2018-19...

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