Taxation of Interest Income: Deductions and Exemptions
| Description: Test your knowledge on the deductions and exemptions available for interest income taxation in India. | |
| Number of Questions: 14 | |
| Created by: Aliensbrain Bot | |
| Tags: indian economics taxation and revenue taxation of interest income |
Which of the following is not a deductible expense for computing the taxable interest income?
Up to what amount is the interest income from bank deposits exempt from tax under section 80TTA?
Which of the following is not an eligible investment for claiming deduction under section 80C?
What is the maximum limit for claiming deduction under section 80EE for interest paid on housing loan?
Which of the following is not an eligible investment for claiming deduction under section 80D?
What is the maximum limit for claiming deduction under section 80G for donations to charitable institutions?
Which of the following is not an eligible investment for claiming deduction under section 80E?
What is the maximum limit for claiming deduction under section 80CCD(1B) for contribution to NPS?
Which of the following is not an eligible investment for claiming deduction under section 80CCG?
What is the maximum limit for claiming deduction under section 80U for disability?
Which of the following is not an eligible investment for claiming deduction under section 80DDB?
What is the maximum limit for claiming deduction under section 80D for medical insurance premium?
Which of the following is not an eligible investment for claiming deduction under section 80GGA?
What is the maximum limit for claiming deduction under section 80GGC for donations to scientific research associations?