Medical deduction eligibility age threshold revised, reducing qualifying age for senior deductions under income-tax law. Amendment revises the qualifying age in the Explanation to clause (iv) of Section 80DDB, substituting the previous higher age reference with a reduced age ... Summary
Medical deduction eligibility age threshold revised, reducing qualifying age for senior deductions under income-tax law.
Amendment revises the qualifying age in the Explanation to clause (iv) of Section 80DDB, substituting the previous higher age reference with a reduced age and thereby altering the eligibility criterion for senior citizen beneficiaries claiming the medical treatment deduction.
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