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Claiming of medical expenditure for tax purposes made easy

Dated:- 14-10-2015 - One of the pillars of the of the taxation proposals included in the Finance Minister s Budget Speech for 2015-16 was extension of benefits to the middle class. In this process, the Finance Minister announced extension of certain benefits in respect of medical treatment under section 80DDB. This section allows a deduction for expenditure incurred on treatment of specified ailments. Taking the process forward, Central Board of Direct Taxes (CBDT) has issued a Notification vide .....

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