As per provision of section 80U of the Income Tax Act, if the taxpayers suffers less than 40% of any disability, then the deduction is available upto .......................... .

The correct answer is - ₹ 1,25,000

Key Points

• Section 80U provides tax deduction benefits to individuals with disabilities.
• Eligibility Criteria:
  • This section is applicable to taxpayers who are certified by an authorized medical authority as having a disability.
  • The disability must be at least 40% to qualify for the deduction.
• Deduction Limit:
  • If the taxpayer suffers from a disability that is less than 40%, no deduction is applicable under Section 80U.
  ₹ 1,25,000.

Additional Information

• Definitions under Section 80U:
  • Disability: Includes blindness, low vision, hearing impairment, locomotor disability, mental retardation, and mental illness.
  • Severe Disability: Refers to a condition where the disability is 80% or more.
• Certification:
  • The taxpayer must obtain a valid certificate from a medical authority as prescribed under the Income Tax Rules.
  • The certificate should specify the percentage of disability.
• Additional Deduction for Severe Disability:
  • If the disability is classified as severe (80% or more), the deduction limit increases to ₹ 1,25,000.