Disabled Dependent Form: Fill & Download for Free

Deduction u/s. 80DD for expenses on maintenance/ medical treatment of disabled dependentWho is eligible to claim deduction?· Individual or a Hindu undivided family, who is a resident in India.· Deduction u/s 80DD is not available to non-resident Indian (NRI).​What Expenses are eligible for deductionExpenditure for the medical treatment (including nursing), training and rehabilitation of a disabled dependent.Money paid to for the purpose of buying specified scheme or insurance for the purpose of maintenance of such dependant.Definition of relative: Who can be your disabled dependant?· For individuals, your spouse, son / daughter (any child), parents and brother / sister (siblings) can be your handicapped dependants.· For HUFs, any member of the HUF can be a disabled dependant.· The disabled person should be wholly or mainly dependant on you for his / her support and maintenance, and should not have claimed deduction under section 80U.Some considerations for the insurance premium· Not all schemes qualify – there are specific schemes meant for this purpose. The policy has to insure your life. i.e. it should be in your name.· Premium is required to be paid on annual basis or a lump sum amount for the benefit of the disabled dependant.· Nomination of Policy should be in the name of (a) your disabled dependant, or (b) any other person or trust that would receive the money for the benefit of your disabled dependantPolicies in which one can invest​· Life Insurance Corporation of India offers Jeevan Vishwas policy for the benefits of parents or guardian of person with physical disabilities which qualify for tax benefit under Section 80DD.This policy ensure that the dependant person with physical handicap does not have to depend on anybody for financial support in case something happens to his parent or guardian. Jeevan Vishwas is a policy which participates in profits.Under this insurance policey, the life of the person, on whom the handicapped person is dependant, is insured. In case the dependant dies before the guardian/parent, the parent/guardian will have the option to either keep the policy for a reduced paid-up sum assured or entitled to receive the refund of premiums paid.However if the parent/guardian dies before the dependant, 20% of the lump sum assured becomes payable for the benefit of the dependant. Moreover the balance is paid by way of monthly annuity for 15 years for sure and thereafter for life on the life of dependant.· The health insurance provided by National Trust needs special mention. The trust has introduced “Niramaya” health Insurance Scheme for persons with disabilities like Autism, Cerebral Palsy and Mental Retardation etc. Under this scheme, for those who have family income of less than Rs. 15,000 per month, you need to make a payment of Rs. 250 per year. For the person having family income of more than Rs. 15,000 per month is required to pay an amount of Rs.500 per year. For the families which are Below Poverty Line (BPL) this scheme is free, provided the applicant holds the BPL card. This scheme covers health expenses up to a limit of Rs. 100,000 per year for the person suffering from these disabilities. The scheme is administered by National Trust in collaboration with ICICI Lombard. Under this scheme even existing disease are covered without any medical check up. Moreover this plan covers routine expenses like medical check up, transportation and corrective surgery etc. which are not covered under regular health insurance productsWhat is considered as disability and Severe DisabilityDisability would be as defined under clause (i) of section 2 by the “Persons with Disabilities (Equal Opportunities, Protection of Rights and Full Participation) Act, 1995”.It includes the following:· Blindness· Low vision· Leprosy-cured· Hearing impairment· Locomotor disability· Mental retardation· Mental illness· Autism· Cerebral palsy· Multiple disabilitiesA person with disability means a person suffering from not less than 40% of any of the above disabilities.Severe disability means 80% or more of one or more of the above disabilities.Other Conditions to claim deduction· For claiming the deduction in respect of the above, you have to furnish a medical certificate of disability from a Government Hospital certifying the disability of the dependant. The certificate needs to be renewed periodically.· For people having Autism, Cerebral Palsy or multiple disabilities, form number 10-IA needs to be filled up. There are two other formats for person suffering from mental illnesses and all other disabilities.· People have to furnish self declaration certifying the expenditure incurred on account of medical treatment (including nursing), training and rehabilitation of the handicapped dependant.· You do not have to preserve the actual receipts for expenses incurred. However you will have to produce the actual receipts in case you claim deduction in respect of payment made to LIC, UTI etc for the purpose of buying insurance or other schemes for maintenance of such dependant.Who can issue medical certificate of disability?· Neurologist having a degree of Doctor of Medicine (MD) in Neurology (or, in case of children, a Pediatric Neurologist having an equivalent degree)· A Civil Surgeon or Chief Medical Officer (CMO) of a government hospitalTaxability of Premium Amount Paid in Case disable dependant dies before the taxpayer:- In case your disabled dependant predeceases you (that is, dies before you); the amount in the policy is returned to you. This would be treated as your income for the year in which you receive it, and would be fully taxable in your hands.Amount of Deduction and Tax SavingThe deduction allowed is Rs. 50,000 if disabled dependant is not suffering from severe disability.Deduction allowed goes up to Rs. 1,00,000 if disabled dependant is a person with severe disability.Deduction not depend on amount of expenses incurred:- Even if your actual expenses on above mentioned disabled dependent relative is less then amount mentioned above you will be eligible to full deduction.The income tax that you can save would depend on the tax bracket that you fall into – it can range from Rs. 5,000 to Rs. 15,000 (for Rs. 50,000 deduction) or from Rs. 10,000 to Rs. 30,000 (for Rs. 1,00,000 deduction).Budget 2015 proposed to amend section 80DD to raise limit of deduction in respect of a person with disability from fifty thousand rupees to seventy five thousand rupees and from one lakh rupees to one hundred and twenty five thousand rupees in respect of a person with severe disability.Please Note –a) Individuals would need to produce a copy of the disability certificate as issued by the central or state government medical board to claim deduction.b) Insurance policy obtained must be in your name and should be a policy for life. It could pay either an annuity or a lump sum amount for the benefit of the dependent on your death.c) If the disabled dependent predeceases you, the policy amount is returned to you, and treated as income for the year in which you receive it, thus fully taxable in your hands.

Depends on the nature of the impairment.My father, whose birthday it would be today, suffered from a slow-moving form of dementia in his 80's. I had the chance to talk to him about it at one point and was heartened by our conversation;Me: Dad, if you had died when you were 80 like most of your siblings, you would have never had this condition.Dad: I've thought about that. But it has been worth it to have these years even though I know I have gone down hill.He was very aware of his decline. I remember going to a July 4th celebration. He coached me: "Tell me who is coming and I can take it from there." He had forgotten names but could carry on a conversation once he was given the name.I brought him to a class/school reunion and he was worried: "What if I don't remember anyone?" Once we got there, he was in his element. While his short term memory was receding, his ability to remember conversations from 60 years before was remarkable. It was the last time he ever visited the place of his birth.After going through dementia with my father, I ceased to fear it. He had, as they say, his good days and his bad days. Retrospectively, I mostly remember those good days.Happy birthday, Dad.

Section 80DD deduction can be claimed by individuals who are resident in India and HUFs for maintenance and medical treatment of a disabled dependant. The maximum deduction under section 80DD is Rs.75,000 for disabled dependants. In case the disabled dependent is a person with severe disability, the maximum deduction allowed is Rs.1.25 lakhs. Deduction under Section 80DD is not dependant on the amount of expenses incurred. Hence, even if the actual expenses on above mentioned disabled dependent relative is less than amount mentioned, full deduction can be claimed under Section 80DD.Disability means a person suffering from more than 40% disability, as certified by a medical practitioner. For maintaining a disabled dependant, a deduction of Rs.75,000 can be claimed as deduction. Severe disability means a person suffering from more than 80% disability. For maintaining a disabled dependant with severe disability, a deduction of Rs.1.25 lakhs can be availed.Expenses incurred by the taxpayer to provide medical treatment for a disabled dependant like nursing, training and rehabilitation of a dependant is can be claimed as a deduction. Also, if the taxpayer made any payment or deposit under a scheme for maintenance of a disabled dependant operated by Life Insurance Corporation or any other insurance company or Unit Trust of India or Jeevan Aadhar Plan is admissible as deduction under section 80DD. However, if an assessee claims deduction under Section 80DD, the disabled dependant should not have claimed deduction under Section 80U.In case of individual taxpayer, the deduction under Section 80DD can be claimed for expenses relating to a disabled dependent who can be spouse, son, daughter, parents, brother or sister.Taxpayers claiming Section 80DD deduction should file a copy of the medical certificate issued by the medical authority. In case of person with disability or severe disability due to autism, cerebral palsy or multiple disability, certificate issued by the medical authority in Form No. 10 – IA should be submitted. The medical certificate for claiming deduction under Secton 80DD can be issued by a neurologist with a Doctor of Medicine (MD) degree in Neurology or a Pediatric Neurologist with a similar degree for children or a Civil Surgeon or a Chief Medical Officer (CMO) of any government hospital.For temporary disability, the certificate will be valid for the period starting from the assessment year to the previous year during which the certificate was issued and ending with the assessment year relevant to the previous year during which the validity of the certificate expires.