Deductions u/s80 Quiz

Rs. 1.5 lakh

Rs. 2 lakh

Rs. 2.5 lakh

Rs. 1 lakh

Conditions to claim deductions under section 80D for health insurance premiums include payment for self, spouse, dependent children, or parents, non-cash payment mode, and varying deduction limits based on age and premium.

Deductions are available for any type of insurance premiums

There is no limit on the deduction amount

Payment for pets qualifies for deductions

A handwritten note from a friend confirming the donation

A screenshot of a social media post mentioning the donation

An email from the charitable organization without registration details

Receipt from the charitable organization with registration details and donation amount

National Savings Certificate (NSC)

Employee's Provident Fund (EPF)

Public Provident Fund (PPF)

Sukanya Samriddhi Yojana

Rs. 50,000

Rs. 60,000

Rs. 40,000

Rs. 30,000

No

Yes

Only on weekends

Sometimes

Bank statement

Loan application form

Income tax return form

Interest certificate from the bank or financial institution

Rs. 20,000

Rs. 10,000

Rs. 15,000

Rs. 5,000

Certification by educational authority

Conditions to claim deductions under section 80U for a person with a disability include certification by medical authority, disability of at least 40%, and incurring disability-related expenses.

Disability of at least 20%

Incurring non-disability related expenses

Taxpayer covered under a health insurance policy

Taxpayer not having a valid prescription

Medical treatment not certified by a specialist

Medical treatment received outside the country