For the purpose of claiming higher deduction u/s 24(b), while computing income of a self-occupied property, assessee is required to take:

Related MCQs

• Deduction is not allowed to the assessee while computing income from other sources for
• While computing income from other sources, deduction is not allowed to the assessee for:
• The time limit for acquisition or construction of self-occupied house property for claiming deduction of interest is:
• Padmaja Power Co. (P) Ltd. is engaged in generation and distribution of electrical power. It avails deduction under section 80-IA. The gross receipts of the company is Rs. 89 lakhs. The last date for filing the return of income in order to be eligible to avail deduction under section 80-IA is ________________ . (Note: Assume there is no extension of time for filling the return of income)
• Section 80 RRB the Income-tax Act, 1961 deals with deduction from gross total income in respect of income by way of
• While computing taxable interest on delayed compensation, a standard deduction is allowed @
• Deduction u/s. 80JJA is available if the assessee
• 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.
• While computing capital gain on sale of immovable property, full value of consideration shall be:
• While computing advance tax following income shall not be considered: