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Commerce · Q389

Income Tax and Corporate Tax

Graduate and Post Graduate · Commerce · question 389

Q389

Which of the following investment or payments is not eligible for deduction u/s 80C of Income Tax Act 1961?

A.
Life insurance premium paid on the life of spouse
B.
Life insurance premium paid on the life of son
C.
Life insurance premium paid on the life of daughter
D.
Life insurance premium paid on the life of sister
Answer

Answer: Option D

Solution

Answer: Option D
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