Rajesh pays a rent of ₹8,000 p.m. His total income is ₹6,00,000 for the financial year 2021-22 (i.e., Gross total income is reduced by deduction under chapter VIA except section 80GG). He is also in receipt of HRA. He wo

CS Executive · Tax Laws · PYQS · June 2022
Rajesh pays a rent of ₹8,000 p.m. His total income is ₹6,00,000 for the financial year 2021-22 (i.e., Gross total income is reduced by deduction under chapter VIA except section 80GG). He is also in receipt of HRA. He would be eligible for a deduction under section 80GG of an amount of __________ for the Assessment Year 2022-23? (Assessee has not opted for section 115BAC).
(A) ₹96,000
(B) ₹60,000
(C) ₹80,000
(D) Nil

Answer & Explanation:

Correct Answer: Option (D)

Official answer key: (D).

Topics: Income Tax Act, 1961

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