Raghu’s father is dependent on him and suffering with 90% disability. Raghu has incurred an amount of ₹ 72,500 in maintaining and medical treatment of his father. The deduction he can claim in his income-tax return for AY 2020-2021 is
A. ₹ 72,500
B. ₹ 50,000
C. ₹ 1,25,000
D. None of the above
Answer:C
Raghu’s father is dependent on him and suffering with 90% disability. Raghu has incurred an amount of ₹ 72,500 in maintaining and medical treatment of his father. The deduction he can claim in his income-tax return for AY 2020-2021 is
A. ₹ 72,500 B. ₹ 50,000 C. ₹ 1,25,000 D. None of the above