1. The Patna High Court following the decision laid down by the Bombay High Court in the case of Mahindra Sintered Products Ltd. Held that to claim special deduction u/s 80J, the assessee has to establish the fact/facts relating to

2. Following is not allowed as deduction u/s 80TTA

3. Deduction under section 80CCG is available to an eligible resident individual whose gross total income does not exceed

4. Raghu’s father is dependent on him and suffering from 90% disability. Raghu has incurred an amount of ₹ 72,500 in maintaining and medical treatment of his father.
The deduction he can claim in his income-tax return for AY 2021-22 is

5. The monetary limit for deduction in respect of royalty on patents received by a resident individual is

6. 50% deduction of the eligible amount is allowed u/s 80CCG, provided some of the conditions out of the following are to be fulfilled:
(i) The assessee is a Resident Individual.
(ii) The gross total income does not exceed ₹ 12 lakh.
(iii) He has acquired listed shares or listed units of equity-oriented funds in accordance with a notified scheme.
(iv) The investment is locked in for a period of 3 years from the date of acquisition in accordance with the equity-oriented scheme.

7. An Indian resident patentee is entitled to a deduction u/s 80RRB to the extent of

8. Deduction in respect of donations to National Defence Fund is allowed u/s

9. The maximum amount of deduction u/s 80U allowed to a person with 80% or more of one or more disabilities is

10. The contribution made or given other than by way of cash by an Indian company in the previous year to any political party or to an electoral trust shall be allowed as deduction while computing its total income under section 80GGB of Income-tax Act, 1961 of an amount maximum or up to:

11. In the case of which of the following co-operative society, the deduction under Section 80P is restricted to ₹ 1,00,000

12. An individual has made investments in the schemes approved u/s 80C, and 80CCD of ₹ 2,50,000 and ₹ 1,00,000 respectively during the year ended 31st March 2021.
Amount that can be claimed by him as deduction out of income in AY 2021-22 is

13. Under the Income-tax Act, 1961, which of the following can claim a deduction for any sum contributed during the previous year to a political party or electoral trust

14. Which of the following cannot claim a deduction for the loan taken to purchase a house property?

15. Deduction under section 80C can be claimed for a fixed deposit made in any scheduled bank if the minimum period of deposit is

16. Deduction available u/s 80GG in respect of rent paid cannot be more than –

17. Under section 80QQB, the maximum deduction in respect of royalty is allowed up to

18. Donation to university for research in Social Science is eligible for deduction at:

19. The quantum of deduction available to offshore Banking Units under section 80LA of Income-tax Act, 1961 located in Special Economic Zone (SEZ) and satisfying all conditions from the Gross Total Income is:

20. Mr. Rath borrowed a loan of ₹ 10 lakh for higher education in India in the year 2009-10. He completed the course study in 2012-13. He started repayment of the loan in April 2014. He paid interest of ₹ 41,000 and principal of ₹ 1,20,000 during the financial year 2020-21.
The amount eligible for deduction under section 80E would be:

21. 10096 deduction in respect of donations as per section 80G without any qualifying amount or limit is available in the case of:

22. ABC Limited fulfilling all the conditions of operating different infrastructure facilities for claiming deduction u/s 80-IA. Find which are being not covered under infrastructure facility out of the following :

23. The profits of a Co-operative Society engaged in (i) Carrying out the business of banking, (ii) A cottage industry, and (m) Collective disposal of labor of its members are exempt from tax as per section 80P up to :

24. Deduction in respect of interest on savings accounts under Section 80TTA shall be allowed with respect to a savings account with

25. Deduction under Section 80G on account of donation is allowed to: