391. 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.
392. The amount deductible for severe disability u/s 80U is …………………….. A. rs: 1,00,000 B. rs: 1,20,000 C. rs: 50,000 D. rs: 90,000 ✅ The correct answer is option A.
393. The amount of deduction under section 80DD regarding disability is ………………… A. rs: 30,000 B. rs: 50,000 C. rs: 75,000 D. actual expense. ✅ The correct answer is option B.
394. 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.
395. Rent free accommodation is an example for ………………………………. A. allowance B. compensation C. perquisite D. profit in lieu of salary. ✅ The correct answer is option C.
396. Income of a minor child is included in the total income of ……………………… A. father B. mother C. parent whose income is greater D. transferor of asset ✅ The correct answer is option C.
397. 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.
398. The rent fixed as per municipal valuation is called ………………………. A. municipal value B. fair rental value C. standard rent D. actual rent ✅ The correct answer is option A.
399. A partnership firm sold a residential house. The firm will get exemption under section ……………….. on capital gains. A. sec. 54d B. s C. 54e c. sec. 54c D. sec. 54ec ✅ The correct answer is option D.
400. Contribution to RPF is deducted u/s ……………… A. 80c B. 80d C. 80e D. 80g ✅ The correct answer is option A.