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What is the maximum permissible deduction to various kinds of savings under section 80 C?

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The correct Answer is:
Rs. 1,50,000
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Knowledge Check

  • Multiple choice Questions : The maximum permissible deduction to various kinds of savings under section 80C is

    A
    Rs 1,00,000
    B
    Rs 1,50,000
    C
    Rs 2,00,000
    D
    Rs 2,50,000
  • Choose the correct alternative answer for each of the following question What is the maximum deduction allowed on savings under section 80C, 80D, etc?

    A
    Rs 1 lakh
    B
    Rs 1.25 lakh
    C
    Rs 1.5 lakh
    D
    Rs 2.0 lakh
  • Choose the correct alternative answer for the following question. what is the maximum permissible amount under section 80C of income tax?

    A
    Rs 1, 50, 000
    B
    2, 50, 000
    C
    1, 00, 000
    D
    2, 00, 000
  • Similar Questions

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    Mr. Mhatre is 50 years old. His gross total income is Rs. 12,00,000. He has invested in the following amounts in different schemes. National Savings Certificate : 20,000 Find out the permissible deductions, taxable income, and the income tax payable.

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    Write the correct alternative answer for each of the following questions : For different types of investments what is the maximum permissible amount under section 80C of income tax ?

    Write the correct alternative answer for each of the following quesitons. For different types of investments what is the maximum permissible amount under section 80C of income tax ?