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Commerce · Q534

Income Tax and Corporate Tax

Graduate and Post Graduate · Commerce · question 534

Q534

Premium paid towards life insurance policies qualifies for deduction under Section 80C, up to a maximum of which of the following amounts a year?

A.
Rs. 2,00,000
B.
Rs. 1,50,000
Answer
C.
Rs. 1,00,000
D.
Rs. 1,25,000

Answer: Option B

Solution

Answer: Option B
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