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Commerce · Q30

Income Tax and Corporate Tax

Graduate and Post Graduate · Commerce · question 30

Q30

Which of the following deductions will not come under Sec. 80 of the Income Tax Act?

A.
Deduction in the case of a person with disability
B.
Deduction for interest paid on loan taken for pursuing higher education
C.
Deduction for interest on loan taken for the construction / purchase of house property
Answer
D.
Deduction for repayment of any installment of principal amount borrowed for the purchase / construction of house property

Answer: Option C

Solution

Answer: Option C
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