Enhanced deduction to senior citizens for medical treatment of specified diseases

Section 80DDB of the Act, inter-alia, provide that a deduction is available to an individual and Hindu undivided family with regard to amount paid for medical treatment of specified diseases in respect of very senior citizen upto ₹ 80,000/- and in case of senior citizens upto ₹ 60,000/- subject to specified conditions. It is proposed to amend the provisions of section 80DDB of the Act so as to raise this monetary limit of deduction to ₹ 1,00,000/- for both senior citizens and very senior citizens.

This amendment will take effect, from 1st April, 2019 and will, accordingly, apply in relation to the assessment year 2019-20 and subsequent assessment years.

[Clause 25]

Enhanced medical deduction for senior citizens: deductible limit increased for specified diseases, effective from the next assessment year. An amendment increases the monetary ceiling under the Section 80DDB deduction for medical treatment of specified diseases, equalising the deductible limit for senior citizens and very senior citizens and applying to the assessment year commencing after the effective fiscal date; existing eligibility criteria and documentation requirements continue to govern claims.