Dear Friend,
We continue to enjoy the same benefits under the proposed Direct Tax Code.
Section 79 of the proposed Code is similar to the present section 80U. I am
pasting Section 79 below.
Deduction in case of a person with disability
79. (1) A person shall be allowed a deduction of an amount specified in
sub-section (2)
subject to the conditions specified in sub-section (3).
(2) The amount of deduction under sub-section (1) shall be -
(a) one hundred thousand rupees, if he is a person with severe
disability; and
(b) fifty thousand rupees, if he is a person with disability.
(3) The deduction under sub-section (1) shall be allowed, if the person -
(a) is a resident individual; and
(b) obtains a certificate from a medical authority in the prescribed
form and manner.
(4) The deduction under this section shall be allowed during the period of
validity of
the certificate referred to in sub-section (3).
Regards
Mr. Sameer Latey,
Mumbai, India
----- Original Message -----
From: "Sakina Dhariwala" <sfd100...@gmail.com>
To: <accessindia@accessindia.org.in>
Sent: Wednesday, August 26, 2009 9:21 AM
Subject: [AI] Proposed Direct Tax Code
Hi friends I want to know about the future of V I persons under the
Propose Direct Tax Code?
Previously We were benifited under the section A T U for Rs.Seventy Five
Thousand and for this year it is Rs. One Lakh.
With warm regards Sakina.
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