Which section of the Income Tax Act allows for deductions on investments in specified savings schemes?

Practice Questions

1 question
Q1
Which section of the Income Tax Act allows for deductions on investments in specified savings schemes?
  1. Section 80C
  2. Section 80D
  3. Section 80E
  4. Section 80G

Questions & Step-by-step Solutions

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Q
Q: Which section of the Income Tax Act allows for deductions on investments in specified savings schemes?
Solution: Section 80C allows for deductions on investments in specified savings schemes.
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