Enhanced deduction to senior citizens for medical treatment of specified diseases

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....nhanced deduction to senior citizens for medical treatment of specified diseases <br>Budget<br>Dated:- 5-2-2018<br><BR>Enhanced deduction to senior citizens for medical treatment of specified diseases....

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.... 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 resp....

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....ect of very senior citizen upto &#8377; 80,000/- and in case of senior citizens upto &#8377; 60,000/- subject to specified conditions. It is proposed to amend the provisions of section 80DDB of the Ac....

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....t so as to raise this monetary limit of deduction to &#8377; 1,00,000/- for both senior citizens and very senior citizens. This amendment will take effect, from 1st April, 2019 and will, accordingly,....

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.... apply in relation to the assessment year 2019-20 and subsequent assessment years. [Clause 25]<BR> News - Press release - PIB....