Mrs. Ankita aged 50 years, a resident individual and practicing Company Secretary, furnishes you the receipts and payments account for the financial year 2024-25. Receipt and Payment Account Receipt Amount (₹) Payment Am

Mrs. Ankita aged 50 years, a resident individual and practicing Company Secretary, furnishes you the receipts and payments account for the financial year 2024-25. Receipt and Payment Account Receipt Amount (₹) Payment Amount (₹) Opening balance Cash on hand and at Bank as on 1.4.2024 10,000 Staff salary, bonus and stipend to articled assistants 21,00,000 Fee from professional services (Gross) 50,00,000 Other administrative expenses 11,50,000 Rent from House Property 60,000 Office rent paid in a Complex 30,000 Motor car loan from SBI Bank (on 1.1.2025 @ 9% p.a.) 2,40,000 Housing loan repaid to SBI (includes interest of ₹ 80,000) 1,88,000 Interest from Saving bank account 12,500 Life insurance premium of her spouse (10% of sum assured) 24,000 Motor car (acquired on 1st Jan., 2025 by A/c payee cheque) 4,25,000 Medical insurance premium (for self and her husband paid through mobile UPI) 18,000 Books bought on 1.07.2024 (annual publications by A/c payee cheque) 20,000 Computer acquired on 1.12.2024 by A/c payee cheque (for professional use) 30,000 Public provident fund subscription for own 20,000 Motor car maintenance 20,000 Closing balance Cash on hand and at Bank as on 31.3.2025 12,97,500 53,22,500 53,22,500 Following further information is given to you : (1) She occupies 50% of the building for own residence and let out the balance for residential use at a monthly rent of ₹ 5,000. The building was constructed during the year 1997-98, when the housing loan was obtained. (2) Motor car was put to use both for official and personal purpose. 1/5th of the motor car use is used for personal purpose. (3) The written down value of assets as on 01.04.2024 are given below : Furniture & Fittings: ₹ 60,000 Plant & Machinery (Air-conditioners, Photocopiers, etc.): ₹ 80,000 Computers: ₹ 50,000 On the basis of the above information, you are required to give the following answers, assuming that she has shifted out of the default tax regime under section 115BAC : Compute the total allowable deduction under chapter VI-A of the Income Tax Act, 1961 for Ankita for the assessment year 2025-26.