1. 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:

2. 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:

3. Mr. Anand engaged in business wants to deposit in the pension fund of the Life Insurance Corporation of India.
The maximum amount of contribution eligible for deduction from total income is:

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

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

6. Deduction u/s 80C from the gross total income of an amount equal to the eligible investment made subject to a maximum amount of ₹ 1,50,000 is allowed to the assessee who is:

7. Raman purchased a residential house property in Ahmedabad on loan for which he paid an interest of ₹ 50,000 during the previous year. He is working in Delhi and getting an HRA of ₹ 4,000 per month.
He can claim exemption/deduction for

8. 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

9. 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

10. 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 :

11. Rajan paid ₹ 25,000 to LIC of India for the maintenance of his disabled son and incurred ₹ 15,000 for the treatment of his handicapped wife who is working in the State Bank of India.
The deduction allowable to him under Section 80DD is

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

13. 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.

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

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

16. The profits of a co-operative society engaged in (i) Carrying out the business of banking, (ii) A cottage industry, and (iii) Collective disposal of labors of its member are eligible for deduction u/s 80P up-to

17. 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

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

19. An amount up to a maximum of ₹ 10,000 is deductible under Section 80TTA from the gross total income of

20. The maximum possible amount of deduction u/s 80DDB for senior citizen is

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

22. When a person suffers from severe disability, the quantum of deduction allowable under Section 80U is

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

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

25. 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: