Dear Friend,
The amendment made in section 80U through the finance budget for 2009-10
has raised the income tax exemption limit from Rs. 75,000 to Rs.
1,00,000. This increase was done through an amendment to section 80U &
applies only to completely disabled individuals.
I am pasting below the amended section 80U as taken from the website of
the Income Tax department.
80U Deduction in case of a person with disability.
. (1) In computing the total income of an individual, being a resident,
who, at any time during the previous year, is certified by the medical
authority
to be a person with disability, there shall be allowed a deduction of a
sum of fifty thousand rupees :
Provided that where such individual is a person with severe disability,
the provisions of this sub-section shall have effect as if for the words
fifty thousand
rupees, the words seventy-five thousand rupees had been substituted.
The following proviso shall be inserted after the existing proviso of
sub-section (1) of section 80U by the Finance (No. 2) Act, 2009, w.e.f.
1-4-2010 :
Provided further that for the assessment years beginning on or after the
1st day of April, 2010, the provisions of the first proviso shall have
effect as
if for the words seventy-five thousand rupees, the words one lakh rupees
had been substituted.
(2) Every individual claiming a deduction under this section shall
furnish a copy of the certificate issued by the medical authority in the
form and manner,
as may be prescribed along with the return of income under section 139,
in respect of the assessment year for which the deduction is claimed :
Provided that where the condition of disability requires reassessment of
its extent after a period stipulated in the aforesaid certificate, no
deduction
under this section shall be allowed for any assessment year relating to
any previous year beginning after the expiry of the previous year during
which
the aforesaid certificate of disability had expired, unless a new
certificate is obtained from the medical authority in the form and
manner, as may be
prescribed and a copy thereof is furnished along with the return of
income under section 139.
[Explanation.For the purposes of this section,
(a) disability shall have the meaning assigned to it in clause (i) of
section 2 of the Persons with Disabilities (Equal Opportunities,
Protection of Rights
and Full Participation) Act, 1995 (1 of 1996)
and includes autism, cerebral palsy and multiple disabilities referred to
in clauses (a), (c) and (h) of section 2 of the National Trust for
Welfare of Persons with Autism, Cerebral Palsy, Mental Retardation and
Multiple Disabilities Act, 1999 (44 of 1999);
(b) medical authority means the medical authority as referred to in
clause (p) of section 2 of the Persons with Disabilities (Equal
Opportunities, Protection
of Rights and Full Participation) Act, 1995 (1 of 1996) or such other
medical authority as may, by notification, be specified by the Central
Government for certifying autism, cerebral palsy, multiple disabilities,
person with disability and severe disability referred to in clauses (a),
(c), (h), (j) and (o) of section 2 of the National Trust for Welfare of
Persons with Autism, Cerebral Palsy, Mental Retardation and Multiple
Disabilities Act, 1999 (44 of 1999);
(c) person with disability means a person referred to in clause (t) of
section 2 of the Persons with Disabilities (Equal Opportunities,
Protection of Rights
and Full Participation) Act, 1995 (1 of 1996)
or clause (j) of section 2 of the National Trust for Welfare of Persons
with Autism, Cerebral Palsy, Mental Retardation and Multiple Disabilities
Act, 1999
(44 of 1999);
(d) person with severe disability means
(i) a person with eighty per cent or more of one or more disabilities, as
referred to in sub-section (4) of section 56 of the Persons with
Disabilities
(Equal Opportunities, Protection of Rights and Full Participation) Act,
1995 (1 of 1996); or
(ii) a person with severe disability referred to in clause (o) of section
2 of the National Trust for Welfare of Persons with Autism, Cerebral
Palsy, Mental
Retardation and Multiple Disabilities Act, 1999 (44 of 1999)]
Regards
Mr. Sameer Latey,
Mumbai, India
----- Original Message -----
From: Padmanabham
To: Voice vision group
Sent: Sunday, November 08, 2009 9:03 AM
Subject: [VV] quiry relating to income tax excemption
hello Friends,
I came to know from unofficial sources that the Government of India has
increased the income tax excemption limit to Visually Impaired employees
from rs 75000 to rs 100000. is it true?
If so pl let me know the GO or Rule in which the afore provision has
been done.
thanks in advance
[email protected]
Padmanabham Muppa.
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----- Original Message -----
From: "Amiyo Biswas" <[email protected]>
To: <[email protected]>
Sent: Thursday, December 03, 2009 12:45 PM
Subject: [AI] Regarding S80U.
Hello,
I need some document on the new provision of exemption of Rs. 100000
u/s80U of the Income Tax Act. The best thing would be a pdf document.
Otherwise some government web site will do. I searched for it awhile,
but without success. Can you hel?
With Best regards,
Amiyo Biswas.
Cell: 91-9433464329
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