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F.Y.2022-23 |There are certain sections in Indian income tax law that provides tax benefits to
individuals if they or any member of their family suffers from a certain disability.
Section 80U provides tax credits if an individual has a disability, and Section 80DD provides tax credits if the taxpayer's dependent family member(s) has a disability. This article focuses on the discussion of the tax credits available under section 80U.
Who can claim an 80U deduction
A resident individual who is declared disabled by a medical authority may qualify for a tax credit under section 80U. For the purposes of this section, a person with a disability of at least 40% confirmed by medical authorities is considered to be disabled.
Which type of disability is entitled to one of the following:
Blindness
Poor eyesight
Cured of leprosy
Hearing loss
Musculoskeletal disorder
Mental retardation
Mental disorder
Quantum deduction below 80U
Exempt Rs. 75,000 is entitled to the disabilities and Rs. 1,25,000 sever disability exemption.
Section 80U Deduction Claim Requirements
There are no documentation requirements other than a certificate of disability issued by a recognized medical institution on Form 10-IA. There is no need to submit invoices for treatment costs or other expenses.
To apply under this section, you must provide a medical certificate stating the disability along with your Section 139 income tax returns for the applicable A.Y. If the disability assessment certificate has expired, it will still be possible to claim these deductions in the year the certificate expires. However, a new certificate will be required from next year to qualify for u/s 80U benefits.
Certifications can be obtained from medical institutions, which may be a neurologist with a Doctor of Medicine (MD) degree in neurology (in the case of children, a pediatric neurologist with an equivalent degree), a civil surgeon, or the chief medical officer of a public hospital.
Note. If the disability is temporary and requires reassessment after a certain period, the validity of the certificate starts from the assessment year corresponding to the year in which it was issued and ends in the assessment year corresponding to the year in which the certificate was issued. expires.
Difference between 80U partition and 80DD partition
Section 80DD provides tax deductions for family members and relatives of a disabled taxpayer, and section 80U provides deductions for an individual taxpayer with a disability.
Section 80DD applies if a taxpayer pays a certain amount as an insurance premium to care for a dependent person with a disability. Under section 80DD, the deduction limits are the same as under section 80U. Here dependent refers to the siblings of the person being assessed, parents, spouse, children, or a member of the same Hindu family.
General issues
When can claim an exemption u/s 80U?
A person who has a defined disability with a disability of 40% or 80% may qualify for a deduction under section 80U of the Income Tax Act.
How can an individual claim a deduction under section 80U?
An individual or person with a disability may claim a Section 80U deduction when declaring income on an income tax return.
What certification must I provide to claim a deduction under section 80U?
An individual must provide a copy of Section 80U medical certificate along with an income tax return. The medical certificate must be based on the disability and issued by the medical institution.
What is the amount of the deduction under article 80U?
The deduction for a disabled person is Rs 75,000. In case of a deficit of 80%, the deduction is 1, 25,000 rupees.
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