Deduction under chapter VI A

1.  Maximum amount of deduction under section 80C, 80CCC and 80 CCD(1) for A.Y. 2025-26 is -

.

• a. Rs. 2,00,000

• b. Rs. 1,00,000

• c.   Rs. 1,50,000

• d. None of the three

2.  Deduction under section 80E is allowed for a maximum of -

• a.      5 years

• b.      8 years

• c.       12 years

• d.      No limit

3. Deduction u/s 80GG is available to

• a. Self-employed

• b. salaried person who is not in receipt of HRA.

• c. Both a and b

• d. None

4. Deduction under chapter VI A is not allowable from

• a. Short Term Capital Gain

• b. Short Term Capital Gain u/s 111 A

• c. Income from House Property

• d. Income form salary

5. No deduction shall be allowed u/s 80G in respect of donation in cash of an amount exceeding .

• a. Rs. 10,000

• b. Rs. 5,000

• c. Rs. 2,000

• d. None

6. Severe disability means

• a. Disability less than 40 %

• b. Disability above 40% but less than 80%

• c. Disability above 80 %

• d. any percentage of disability

7. If policy is taken before 1st April, 2012, LIC premium is eligible for deduction u/s 80C subjected to

• a. Maximum 10% of sum assured

• b. Maximum 20% of sum assured

• c. Maximum 10% of the premium paid

• d. Maximum 20% of premium paid

8. The aggregate amount of deductions under chapter VI A shall not, in any case, exceed

• a. the Total Income of the assessee

• b. the Gross Total Income of the assessee

• c. Both a and b

• d. None

9. Tuition fees qualify for deduction u/s 80C does not include

• a. development fees,

• b. donation or capitation fees or payment of similar nature. 

• c. Both a and b

• d. None

10. Maximum deduction u/s 80 TTB for A.Y. 2023-24

• a. Rs.10,000

• b. Rs.75,000

• C. Rs.50,000

• d. Rs.1,00,000