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Commerce · Q167

Income Tax and Corporate Tax

Graduate and Post Graduate · Commerce · question 167

Q167

For up to which of the following amounts, an individual can claim a deduction for the insurance of self, spouse, and dependent children?

A.
Rs. 25,000
Answer
B.
Rs. 50,000
C.
Rs. 1,00,000
D.
Rs. 75,000

Answer: Option A

Solution

Answer: Option A
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