In Income Tax Act, 1961, deduction under sections 80C to 80U cannot exceed .

Related MCQs

• The maximum aggregate amount of deduction under sections 80C, 80CCC and 80CCD cannot exceed .
• As per Income Tax Act, 1961, income tax is charged on the income of at a rate which are prescribed by the Finance Act of relevant assessment year.
• For the purposes of computing minimum alternate tax under Section 115B(a) of the Income Tax Act, 1961, the book profit need not to be increased by inter alia, the amount of deferred tax debited to the profit and loss account.
• The deduction of life insurance premia, contribution to provident fund, etc. will is done under of Income Tax Act, 1961.
• Deduction in respect of contribution to pension scheme of central government comes under _____________of Income Tax Act, 1961.
• Aggregate amount of deduction under 80C, 80CCC and 80CCD cannot exceed_________..
• Which of the following is not included in the term Income under the Income Tax Act, 1961?
• Maximum amount of deduction in case of a person with severe disability under section 80U will be .
• Amount of deduction in case of a person with severe disability under section 80U will be______________ .
• Deduction under Section 80C can be claimed for fixed deposit made in any scheduled bank, if the minimum period of deposit is .