RE:Exemption on medical expenses spent on dependant Grandparents?
by Amitabh on May 03, 2007 07:14 PM Permalink
There are two sections under the income tax law that provide for deduction in respect of medical treatment for specified illnesses/disabilities and/or deposit made for handicapped dependents,Sec 80DD and Sec 80DDB.But in case of an individual assessee,the term dependent would mean only spouse,children,parents,brothers and sisters who is wholly or mainly dependent on the assessee.There is no reference to grandfather.
RE:Exemption on medical expenses spent on dependant Grandparents?
by raj kumar on May 03, 2007 09:05 PM Permalink
this only reflects that our "appreciation" for the so called indian culture of joint family system (which is still predominant in our society) is just "superfluous". All our politicians, Miss Worlds, historians etc., etc., just blabber and praise our so called Indian culture to outside world..........but at home grand fathers and grand mothers are stamped by government as "unwanted", not taken into account as "dependents". We are fools.....we are fooling ourselves.....in the name of "indian culture"...........there are many more loop holes in our system
RE:Exemption on medical expenses spent on dependant Grandparents?
by Amitabh on May 03, 2007 09:11 PM Permalink
I agree with you but you know,if the assessee is an HUF,deduction is allowed for ANY member of the HUF wholly or mainly dependent on the family.Even for individual,the law should allow any lineal ascendent or descendent of the individual and his/her spouse,just as is the case with gifts.
