Relief From Income Tax U/S 80 DDB limit is hike in Budget 2015 in respect of Sever Medical Treatment with Automatic Form 16 Part A and B for Financial Year 2015-16

At the present, most of the employee suffering from the various  disease and they can expenses huge of money for their Medical Treatment. Most of the Employee have not know about the Income Tax Section 80 DDB where they can relief Maximum Rs. 80,000/- as per the Finance Budget 2015. But the Income Tax Department have specify the Disease and the way how to get the benefits of tax relief in section as given below:-

Scope of Deduction – Deduction is applicable for treatment of self, spouse, children, siblings, and parents, wholly dependent on you. Diseases covered
a) Neurological Diseases (where the disability level has been certified as 40% or more).
b) Parkinson’s Disease
c) Malignant Cancers
d) Acquired Immune Deficiency Syndrome (AIDS)
e) Chronic Renal failure
f) Hemophilia
g) Thalassaemia Key Factors If you are already receiving any reimbursement for the treatment from your insurance company or employer, deductions cannot be claimed. If you are receiving partial reimbursement, the balance amount can be used for a deduction. A certificate would be required from a specialist working in a government hospital, as proof for the specified ailment.

Download Automatic Master of Form 16 Part A & B for Financial Year 2015-16 and Ass Yr 2016-17[ This Excel Based Utility can prepare at a time 100 employees Form 16 Part B]

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