A. 15%
B. 5%
C. 10%
D. nil
✅ The correct answer is option D.
Out of income from growing and manufacturing of latex ………………… , is considered as agricultural income.
A. 40%
B. 45%
C. 60%
D. 65%
✅ The correct answer is option D.
For SSIs , a deduction of ………………… % of profit is available to individual assessee.
A. 50%
B. 40%
C. 25%
D. nil
✅ The correct answer is option C.
Donation is deductible u/s ……………………………
A. 80c
B. 80d
C. 80 e
D. 80 g
✅ The correct answer is option D.
Tax deduction available to certain industries for the initial few years is called ……………………
A. tax holiday
B. tax exemption
C. tds
D. paye
✅ The correct answer is option A.
Contribution to RPF is deducted u/s ………………
A. 80c
B. 80d
C. 80e
D. 80g
✅ The correct answer is option A.
The maximum amount of deduction under section 80D in the case of a senior citizen is …………………….
A. rs: 10,000
B. rs: 15,000
C. rs: 20,000
D. rs: 25,000
✅ The correct answer is option C.
Which among the following deduction is available only to disabled persons :
A. 80 c
B. 80 g
C. 80 q
D. 80 u
✅ The correct answer is option D.
Section 80C provides for deduction in respect of tuition fee to ………………….. children.
A. one
B. two
C. three
D. none
✅ The correct answer is option B.
The maximum amount deductible u/s 80GG in respect of rent paid is ……………………
A. rs: 10,000
B. rs: 12,000
C. rs: 20,000
D. rs: 24,000
✅ The correct answer is option D.