Accounting · Income Tax Deductions
Mr. A has a Gross Total Income of ₹6,50,000. He invests ₹1,80,000 in instruments eligible under Section 80C. Calculate the maximum amount of deduction available to him under Section 80C for the financial year.
- 1₹6,50,000
- 2₹1,30,000
- 3₹1,50,000✓
- 4₹1,80,000
Correct answer
₹1,50,000
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