Employee Today

Thursday, 15 October 2015

Claiming of medical expenditure for tax purposes made easy

One of the pillars of the of the taxation proposals included in the Finance Minister’s Budget Speech for 2015-16 was extension of benefits to the middle class. In this process, the Finance Minister announced extension of certain benefits in respect of medical treatment under section 80DDB. This section allows a deduction for expenditure incurred on treatment of specified ailments.

Taking the process forward, Central Board of Direct Taxes (CBDT) has issued a Notification vide S.O. No.2791 (E) on 12th October 2015 amending Rule 11DD. 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. As per amended Rule 11DD, the prescription can be issued by any specialist mentioned in the amended Rule. Henceforth, it will not be mandatory to obtain a certificate from a specialist working in a Government hospital.

The Notification is available on the website of the Income Tax Department www.incometaxindia.gov.in .

7th Pay Commission News Center

RAIL NEWS CENTER

STATION MASTERS NEWS

Labels

7th pay commission (167) AICPIN (8) Allowances (2) Budget (1) CAT Decision (3) CBI (3) CBI Case (14) CCS (Conduct) Rules (1) Central Administrative Tribunal (2) Children Education Allowance (5) Circulars - DOPT (67) Circulars - Govt of India (48) Circulars - Pensioners (5) Court Order (5) D & A RULE (3) Dearness allowance (30) DOPT (27) Employee - Airline (4) Employee - BSNL (10) Employee - CGHS (5) Employee - Education (8) Employee - Electricity (1) Employee - Judicial (3) Employee - LIC (1) Employee - Ministry of Personnel (9) Employee - MP & MLA (4) Employee - Police Service (39) Employee - Port and Dock (1) Employee Engagement (1) EMPLOYEE JOKE (1) Employee News (22) Employee News - Bank (18) Employee News - Bhel (2) Employee News - Central Govt. (256) Employee News - Central Information Commission (4) Employee News - Defence (74) Employee News - General (330) Employee News - Govt. Employee (58) Employee News - Himachal Pradesh (4) Employee News - Pensioners (68) Employee News - Postal Dep (14) Employee News - Private Company (43) Employee News - Railway (107) Employee News - Station Master (2) Employee News -Govt. Employee (601) Exam Result (1) General Information (124) Govt. Employee - General (977) Health (3) Income Tax (36) JBP DIVISION - OPTG (10) Know About (3) MACP (6) Missouri (1) News - General (93) News - Job - Career (51) NPS (7) OROP (13) Pay Fixation (2) PIB (3) PLB(Bonus) (22) Promotion / Posting/ Transfer (23) Public Provident Fund (16) Question Bank (1) Reservation (12) RTI (7) SCAM (19) STA (1) State - Arunachal (2) State - Delhi (16) State - Gujarat (2) State - Rajasthan (1) State - Telagana (1) State Gov - Andhra Pardesh (3) State Gov - Chhatisgarh (1) State Gov - General (118) State Gov - Haryana (16) State Gov - Jammu & Kashmir (6) State Gov - M. P. (8) State Gov - Maharashtra (6) State Gov - Odisha (6) State Gov - Puducherry (1) State Gov - Punjab (8) State Gov - Rajasthan (9) State Gov - Tamil Nadu (1) State Gov - UP (12) State Gov - Uttarakhand (3) State Gov - West Bengal (15) State Gov. - Bihar (3) State Gov. - Jharkhand (2) State Govt - Himachal Pradesh. (4) State Govt - Karnataka (2) State Govt - Kerala (1) State Govt - Tamil Nadu (5) Trade Union (15) World Employee (14)

Google+ Followers