As per section 35DDA, total expenditure in a voluntary retirement scheme is deductible in —

CS Executive · Tax Laws and Practice · PYQS · December 2016
As per section 35DDA, total expenditure in a voluntary retirement scheme is deductible in —
(A) 5 Equal installments
(B) 10 Equal installments
(C) 2 Equal installments
(D) The same year.

Answer & Explanation:

Correct Answer: Option (A)

Official answer key: (A).

Topics: Income Tax

Open in Interactive Practice Hub · Full Practice Hub · Chapter Weightage · More in this subject

Related Questions in this Topic