[Help] Filing ITR for Senior Citizen Pensioner
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Hi Dimers,
I was filing my dad’s ITR, who happens to be a senior citizen. His main source of income as reported in 26AS is from his pension and some decent interest from his FDs (lifetime savings). All this is captured in his 26AS sufficiently well.
Now I need help in knowing what all deductions can be availed for him (ITR-1 since income is from pension and interest only).
As per my limited knowledge, couple of deductions that I could think of is:
1. Standard deduction of 50K as usual, which is auto populated also.
2. 80C (he has a life-insurance, cap of 1.5L)
3. 80TTB will give him a relaxation of 50K on his FDs interest
He doesn’t have any health insurance, so no 80D applicable for him.
Is there any other deductions that I can avail for him ? Also, since he’s old, he goes for regular check-ups and is on lifetime medication due to his heart conditions; is there any deductions that can be availed for this ? 80DDB speaks about “medical treatment of specified diseases”, but I am looking for regular check-ups, and medicines; not treatment/surgeries for say.
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What’s the section for the first one that you mentioned of upto 50K for medical expenses ?
No SB in post-office. Also no donations/etc. for 80G
TIA.
show some salary income around 10000 and claim standard deduction of 50000
Brother, my cousin is CA. DM me if you have any doubts yet.
Details of deduction allowed under section 80DDB
Deduction under section 80DDB is allowed for medical treatment of a dependant who is suffering from a specified disease
(listed in the table above).
>Can be claimed by an Individual or HUF
Allowed to Resident Indians
> When taxpayer has spent money on treatment of the dependant (Dependant shall mean spouse, children, parents and siblings)
>In case the dependant is insured and some payment is also received from an insurer or reimbursed from an employer, such insurance or reimbursement received shall be subtracted from the deduction.
>How and from whom to take this certificate
(Refer Rule 11DD of the Income-tax Rules)
>The certificate can be taken from a Specialist as per the table below.
>Patients getting treated in a private hospital are not required to take the certificate from a government hospital.
>Patients receiving treatment in a government hospital have to take the certificate from any specialist working full-time in that hospital .
>Such specialist must have a postgraduate degree in General Medicine or an equivalent degree, which is recognized by the Medical Council of India (MCI).
Certificate in Form 10I is no longer required .
The certificate must have,name and age of the patient name of the disease or ailment
name, address, registration number and the qualification of the specialist issuing the prescription
If the patient is receiving the treatment in a Government hospital, it should also have name and address of the Government hospital. Disease Neurological Diseases where the disability level has been certified to be of 40% and above —
(a) Dementia
(b) Dystonia Musculorum Deformans
© Motor Neuron Disease
(d) Ataxia
(e) Chorea
(f) Hemiballismus
(g) Aphasia
(h)Parkinsons Disease Malignant Cancers Full Blown Acquired Immuno-Deficiency Syndrome (AIDS) Chronic Renal failure Hematological disorders
(i) Hemophilia
(i) Hemophilia
(ii) Thalassaemia
If Iam not a wrong, sec 80DDB doesn’t mentioned heart disease, since it’s not mentioned,it’s not possible to claim here I think.
Correct me if Iam wrong
Remember:iam not expert in medical correct me,if any included in the above list above regarding diseases
Also the best bet you should consult with practicing CA since iam not.
>Also if Iam not wrong this section is not applicable to assesse (i.e your dad) but Dependants (like children (i.e you) as mentioned above),
âś“Correct me if Iam wrong
We need to have proper/valid bills to claim 5K (preventive check-up) and 50K(medical expenses)..right ?
Not needed while filling the ITR, however the IT department can ask for the proofs anytime while processing it. @maddydilip
Also mode of payment needs to be non-cash. Cash paid bills aren’t valid proof.
Further, by virtue of all these deductions, if the total taxable income falls below 5 lacs, 87A rebate is applicable, which brings down the tax to zero. This automatically gets applied while filing ITR. So eg. If total taxable income is Rs. 501000 for the senior citizen, he would end up paying Rs.10608 as tax, whereas if the taxable income falls to Rs. 499999, then zero tax as 87A rebate gets automatically applied.
It’s true,subject to capital gains or other income applicable to assesse
https://www.myloancare.in/tax/section-...b/
Is heart disease covered under 80ddb?
No. heart disease is not covered under section 80DDB as it is not mentioned in the list of specified diseases.
For section 80D, as mentioned above by @Maverickz you can claim for usual expenses incurred by your father for his heart condition.
https://economictimes.indiatimes.com/wealth/tax...
@B3A5T @Maverickz @raman12 @Tjs15 @guest_999 Have you guys filled the 50K part of the 80D for the medical expenses before in your/parents ITR ? How strict is the bills validation while processing ITR by the IT dept ? Asking this since we live in Tier3 city and here literally all medical expenses paid, like medicines/consulation_fees/diagnosis/etc. are paid via cash; and in many cases w/o bills.
I am not trying to fake any bills, but the reality is just that we paid nearly all via cash mode only; so if the validation is not there in general, then maybe I can fill that; but if it’s a strict validation, then I will have to skip it. Feels bad now, knowing that we paid this much on medical expenses, but can’t file for exemption just because we pay in cash (and sometimes w/o bills, like local medicine shops).
Deductions under 80D is allowed if a senior citizen is not having any medical insurance
Can it be claimed if ( consider both separate cases)
1. Senior citizen’s son is having policies under which the senior citizen is covered
2. Senior citizen is having no policies ,but part of his medical expenses are covered by his ex-employer.
Deductions under 80D is allowed if a senior citizen is not having any medical insurance
Can it be claimed if ( consider both separate cases)
1. Senior citizen’s son is having policies under which the senior citizen is covered – Cannot be claimed as the section requires the person not to be covered under any medical insurance policy.
2. Senior citizen is having no policies ,but part of his medical expenses are covered by his ex-employer – Can be claimed if the ex-employer pays the part medical expenses through their own pocket and not as a result of some insurance coverage taken by the ex-employer for the senior citizen. It is like any other person bearing a part of the medical expenses, but if it is substantiated that the person bearing the expenses had actually taken an insurance cover in the name of the person getting treated, then no 80D deduction can be claimed for such medical expenses.
80DDB will be applicable to the person who “paid” the bills
- agreed it’s applicable only when the bills paid not payable
. So if the senior citizen himself paid it for his own treatment, he can avail it
- where does it mentioned in the section ?
, also if he paid for his dependents like for us
- yes it’s mentioned in the section ,
then also he can avail it
- No,only when he paid bills for his dependents that too as mentioned category only . However if we (children for say) paid the bills for our parents, then we need to avail this in our ITR
- yes, only when he’s dependent that too biological parents only .
In a nutshell, the person who made the actual payment has to add this deduction in his own ITR
- where does it mentioned in the section?,he can only claim his deduction when he’s dependent is fall ill .
Just as an FYI, 80ddb will not be applicable for my dad as he doesn’t fall under any of the mentioned categories of diseases or ailments
- first of all it’s not applicable to your dad it’s applicable only when his dependent fall ill that too specified diseases only .
However as suggested, 80d for medical expense upto 50K will be applicable for him, for his all checkups, fees, medicines and all, with valid bills
- it’s not that simple read the section completely,then will discuss about it .
hopefully I had answered all your queries
if any thing I made a mistake let me know will discuss peacefully
issu:)
Bro, as per my limited knowledge (which I literally gained like yesterday while exploring these deductions XD), it clearly says 80ddb is applicable for the person who incurred the expenses; and for his own self or dependents.
https://www.paisabazaar.com/tax/section-...b/
However I may have misunderstood it maybe, just a newbie here 
Ask some CA in your city, they should know more from their experience. Maybe you get to know that even if IT department ask for explanation you can always talk personally with local tax officer of your area to sort things out for genuine cases like your father.
Make sure to declare savings a/c interest. It does not reflect in 26AS but the AI is designed to flag returns that does not reflect this. Deduction upto 10K under 80TTA is available against the income so declared.
My advice is simply consult with practi..CA… this sections are not same for the years they keep on changing…. You can’t grab those sections unless your a student of acc,tax,..etc.
And also what you’re reading in this section this may or may not applicable in real practicing… thats true bro:)
Tag me any tax related queries will probably be discuss -subject to present on DD
@BlueFlash
sirg have you tried taking health insurance for ur father?many company gives it to senior citizens also.
@Mayavi
why i cant give kg to biki 22g ? @bikidas2060
Oops, You cannot give karma again right now
Bhai kg leke kya karunga. Aapke adar, samman hamare liye sab kuch hai. 🙂
Sir is there any medical expenditure limit for non senior citizens who have to go through surgeries/other expenses etc. like this one which is for senior citizens? https://news.cleartax.in/save-your-tax-by-claim...
Tagging few dimers, please pass on the tag if you know someone who might have a better insight
@guest_999 @panchabhut @Sudarshan61 @andromeda @Tjs15 @raman12 @bikidas2060