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Maintenance to My Parent
by Anil Singh on Apr 03, 2007 12:45 PM   Permalink | Hide replies

I m paying Rs. 5,000/- per monthto my parent towards their monthly expenses. Could we get any tax exemption on that amount.

Please tell me.

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  RE:Maintenance to My Parent
by Amitabh on Apr 03, 2007 03:25 PM   Permalink
No.

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  RE:Maintenance to My Parent
by SRINIVASAN N on Apr 06, 2007 09:41 PM   Permalink
There is a move to make a law that senior citizens should be taken care of by their wards. In such a case is it not fair to give tax eexemptions to those who maintain parents.? Who will take up this matter ? the senior citizen definition be limited to parents of both husband and wife, and include all female dependant relatives. Womens council should take up this issue on a priority basis to put an end to abuse of women.

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  RE:Maintenance to My Parent
by arun kumar shukla on Apr 07, 2007 04:51 PM   Permalink
I strongly agree with Srinivasan and apeal to the FM to kindly consider this and if this relief would be possible then believe me no parents on earth will ever have problem of financial insecurity and kids would be also blessed for the same. Please do it at the earliest.

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The above message is part of the Discussion Board:
Can you club income to save tax?