Asif
There is a distiction between 80U and 80DD.
If you are disabled and independent then you ask for 80U but if you are
dependent then your father/guardian will ask for 80DD deduction.
In your case if you are earning an income of say Rs. 4 lakhs a month. You
will not have to pay tax on the first Rs. 1,60,000/-. If you are investing
in certain investments like PF you can claim upto 1 lakh and since you are
disabled you get another lakh off.
therefore you will be taxed on Rs. 40,000/-. This
Kanchan Pamnani
Advocate & Solicitor
9, Suleman Chambers,
Battery Street, Colaba,
Mumbai - 400 039.
----- Original Message -----
From: "Sameer" <[email protected]>
To: <[email protected]>
Sent: Tuesday, August 04, 2009 2:50 PM
Subject: Re: [AI] regarding 80 u
Dear Friend,
The benefit of exemption under section 80U can be availed of by an
individual suffering from certain disabilities specified in the section.
One of the specified disabilities is blindness.
In order to avail of this exemption, the individual must obtain a
disability certificate from the authorised government hospital & attach a
photocopy of the same with the first income-tax return in which this claim
is made. If the return is being filed electronically, no attachment is
necessary. Also, the employer has to take exemption under section 80U into
consideration while determining tax to be deducted on salaries of PWD
employees.
Your Friend
Mr. Sameer Latey
Mumbai, India
----- Original Message -----
From: "Mohammed Asif Iqbal" <[email protected]>
To: <[email protected]>
Sent: Tuesday, August 04, 2009 1:17 PM
Subject: Re: [AI] regarding 80 u
How does one avail this rebate? I understand that we are only entitle for
80D exemption up to Rs. 75000?
thanks and would appreciate if enlightened members can throw some light
on this.
Thanks and regards
Asif
----- Original Message -----
From: "Asudani, Rajesh" <[email protected]>
To: <[email protected]>
Sent: Tuesday, August 04, 2009 10:06 AM
Subject: Re: [AI] regarding 80 u
Yes, it has been modified when pranav mukharji answered to budget
discussion.
Rajesh Asudani
Assistant General Manager (PPS),
Reserve Bank of India
Nagpur
09420397185
O: 0712 2806676
Res: 0712 2591349
Doth God exact day-labour, light denied?"
John Milton
-----Original Message-----
From: [email protected]
[mailto:[email protected]] On Behalf Of Bharat
Sent: Monday, August 03, 2009 10:42 PM
To: Accessindia
Subject: [AI] regarding 80 u
hi all,
despite having read mails confirming the fact that no changes were
made in the exemptions provided under 80 u, i have time & again, heard
from various people that the said clause has been modified & the upper
limit has been increased to 100000.
please clarify.
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