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Commerce · Q816

Income Tax and Corporate Tax

Graduate and Post Graduate · Commerce · question 816

Q816

The statutory limit for deduction U/S 80GG of Income Tax Act, 1961, for the assessment year 2019-20 is

A.
Rs. 2,000 per month
B.
Rs. 3,000 per month
C.
Rs. 2,500 per month
D.
Rs. 5,000 per month
Answer

Answer: Option D

Solution

Answer: Option D
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