Q686
Deduction under Section 80C to 80U are not allowed from the following incomes, although these incomes are part of gross total income. 1. Salary income 2. Long-term capital gains 3. Winnings of lotteries, race etc 4. Income by way of interest on safe deposit 5. Short-term capital gain on transfer of equity shares and units of equity oriented fund through a recognised stock exchange Select the correct answer using the options given below
A.
Only 1
B.
Both 1 and 2
C.
2, 3, 4 and 5
D.
2, 3 and 5
AnswerAnswer: Option D
Solution
Answer: Option D
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