Poonawalla fincorps
Poonawalla fincorps

Deduction to a pensioner

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Querist : Anonymous

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Querist : Anonymous (Querist)
19 June 2018 I HAD READ YOUR ARTICLE ON DEDUCTION FOR AY
IT WAS GIVEN THAT A PENSIONER CAN GET DEDUCTION OF 42000 FOR MEDICAL AND TRAVELLING ALLOWANCE. IS IT CORRECT. I WANT TO FILE MY FATHERS RETURN WHO IS PENSIONER.
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KAVIRAJA ADDANGADI

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KAVIRAJA ADDANGADI (Expert)
19 June 2018 No, for Ay 2019-20 you can claim standard deduction 40000/- and deduction interest income you can claim upto 50000/-

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