Mr. Vivek is entitled to ₹ 5,000 pm. as Medical Allowance. He spends ₹ 4,000 per month on his medical treatment and ₹ 500 on the medical treatment of his major son not dependent on him. The medical allowance exemption will be:
A. ₹ 4,000 per month
B. ₹ 4,500 per month
C. ₹ 5,000 per month
D. Nil
Answer:D
Mr. Vivek is entitled to ₹ 5,000 pm. as Medical Allowance. He spends ₹ 4,000 per month on his medical treatment and ₹ 500 on the medical treatment of his major son not dependent on him. The medical allowance exemption will be:
A. ₹ 4,000 per month B. ₹ 4,500 per month C. ₹ 5,000 per month D. Nil