Maximize tax savings
up to ₹46,800 easily
• Invest in direct ELSS funds
• 0% commission
Thank you for your response
Also kickstart your investing journey with mutual fund plans and much more
Deduction under section 80DD of the income tax act is allowed to Resident Individuals or HUFs for a dependant-who is differently-abled and– is wholly dependent on the individual (or HUF) for support & maintenance.
Below are the conditions you must meet to avail this deduction –
When the above conditions are met, amount of deduction allowed is –
Do note that before the Financial Year(FY) 2015-16 (FY 2014-15 & earlier years) – The deduction limit was of Rs 50,000 for disability at least 40% and Rs 1,00,000 for disability above 80%.