Question

15) Tax exemption for Individual age from 60 to 80 years is ?​

Answer 1

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Under the provisions of Section 80D of the Income Tax Act, individuals between 60 and 80 years of age can claim a deduction of up to Rs. ... Under Section 80DDB, individuals can claim a deduction of up to Rs. 1 Lakh for the medical expenditure of specific critical illnesses. Previously this deduction limit was at Rs.

Answer 2

Under the provisions of Section 80D of the Income Tax Act, individuals between 60 and 80 years of age can claim a deduction of up to Rs. ... Under Section 80DDB, individuals can claim a deduction of up to Rs. 1 Lakh for the medical expenditure of specific critical illnesses. Previously this deduction limit was at Rs.