Q. When a resident senior citizen having gross total income of Rs. 5,56,000, has derived interest from savings account in a nationalized bank of Rs. 8,200 and fixed deposit interest of Rs. 47,000 from such bank, he is eligible for deduction of Rs. ________ from the gross total income. (Solved)
1. 55,200
2. 8,200
3. 47,000
4. 50,000
- d. 50,000