| Q.49 | Considering the provisions of the Income Tax Act, 1961, where an assessee has not exercised the option under section 115 BAC, the quantum of deduction allowed under Section 80D in case of an individual shall be limited to: | |
| Ans | A. ₹25,000 for the individual himself or his family and ₹15,000 for his parents | |
| B. ₹25,000 for the individual himself, his family and parents | ||
| C. ₹25,000 for the individual himself or his family and ₹25,000 for his parents | ||
| D. ₹50,000 for the individual or his family for his parents |
Correct Ans Provided: C
