Question
Mr. Arjun earns ₹12 lakh as salary and has invested
₹1.5 lakh in PPF. He also pays ₹30,000 as health insurance premium for himself and ₹50,000 for his senior citizen parents. What is his total deduction under Chapter VI-A?Solution
Deduction u/s 80C = ₹1.5 lakh Section 80D – Medical Insurance Premiums ✔️ So, total deduction under 80D = ₹25,000 + ₹50,000 = ₹75,000 Total deduction = ₹1,50,000 + ₹75,000 = ₹2,25,000 lakh
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