Timir, (aged 51 years) subscribed to health insurance for him, wife and son and paid premium of ₹28,000. He also incurred medical expenditure for his parents during the year amounting to ₹32,000. He can claim deduction f

CS Executive · Tax Laws and Practice · PYQS · June 2019
Timir, (aged 51 years) subscribed to health insurance for him, wife and son and paid premium of ₹28,000. He also incurred medical expenditure for his parents during the year amounting to ₹32,000. He can claim deduction for these expenses as per section 80D of the Income Tax Act, 1961, of:
(A) ₹57,000
(B) ₹30,000
(C) ₹28,000
(D) ₹55,000

Answer & Explanation:

Correct Answer: Option (A)

Official answer key: (A).

Topics: Income Tax Act, 1961

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