Tax Relief: Understanding Section 80DDB and its crucial differences from Section 80D (Image: Freepik) Income Tax Benefits: When it comes to medical expenses, there are certain provisions under Section ...

Section 80DDB provides tax deduction for treating specified illnesses, covering medical expenses for dependents like spouses, children, parents, and siblings. It has specific limits, documentation ...

As the income tax act is comprehensive, there are many deductions that go unnoticed or about which taxpayers are unaware. One of them is section 80DDB which gives tax deductions on medical expenses ...

There is an additional tax benefit that is available to an individual if there are medical expenses incurred on specific diseases and it would be beneficial to look at the exact details. It has come ...

I am 48 and my company provides me a group health insurance policy that covers my parents. I suffered a slipped disc last year and have to undergo regular physiotherapy. Can I claim tax benefit on ...

The amended rule relaxes the condition of obtaining the certificate for claiming expenditure under section 80DDB in respect of specified ailments from a specialist working in a government hospital, ...

A complete guide for income tax deductions under sections 80D, 80DD and 80DDB which relate to medical expenses and health insurance/mediclaim. Good understanding will help you in substantial tax ...

AI Quick Read The Income-Tax Department has notified all ITR forms for the assessment year 2026-27, i.e., the financial year 2025-26. Further, the tax department has also enabled Excel Utility for ...

Nagpur: At least 4,000 taxpayers are under scrutiny for claiming deductions in income tax returns by fraudulently showing expenses towards treatment of terminal illnesses like cancer and kidney ...