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Commerce · Q325

Income Tax and Corporate Tax

Graduate and Post Graduate · Commerce · question 325

Q325

Under Section 80E of the Income Tax Act, 1961 deduction in respect of payment of interest on loan taken for higher education shall be allowed up to:

A.
Rs. 10,000
B.
Rs. 15,000
C.
Rs. 20,000
D.
Without any limit
Answer

Answer: Option D

Solution

Answer: Option D
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