Economics · Income Tax
Which of the following investments/contributions is NOT eligible for deduction under Section 80C of the Income Tax Act?
- 1Tuition fees paid for up to two children
- 2Additional National Pension System (NPS) contribution under Section 80CCD(1B)✓
- 3Public Provident Fund (PPF) contribution
- 4Life Insurance Premium
Correct answer
Additional National Pension System (NPS) contribution under Section 80CCD(1B)
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