MCQ on Deductions from Gross Total Income
Income Tax MCQ with Answers
1. Gross total income has been defined u/s …….
… Answer is A)
Sec 80A(1)
2. Maximum deduction allowed in respect of LIP, contribution to PF etc. u/s 80C
… Answer is C)
1,50,000
3. Full form of NSC in deduction from gross total income
… Answer is A)
National saving certificate
4. Who is eligible for deduction in respect of contribution to certain penson funds u/s 80CCC
… Answer is B)
Individual
5. Deduction in respect of investment made under rajiv Gandhi equity saving scheme comes u/s
… Answer is C)
80CCG
6. Deduction in respect to medical treatment of disabled dependent has been defined u/s
… Answer is B)
Sec 80DD
7. Deduction in respect to medical treatment come u/s….
… Answer is A)
80DDB
8. Deduction in respect of interest in loan taken for higher education come u/s…..
… Answer is A)
80E
9. Deduction in respect to donation to charitable institution come u/s….
… Answer is B)
80G
10. Deduction in respect of rent paid comes under section….
… Answer is C)
80GG
11. Deduction to political parties has been defined u/s…….
… Answer is A)
80GGC
12. Deduction in respect of profits and gains of an eligible startup comes u/s…..?
… Answer is C)
80IAC
13. Deduction in respect to special economic zone(SEZ) Unit come u/s ….
… Answer is B)
80IAB
14. Deduction in respect of cooperative society…..
… Answer is A)
80P
15. Deduction in respect of royalty of author….
… Answer is A)
Sec 80QQB
Also Read :
Income Tax MCQ / Multiple Choice Questions on Taxation with Answers :
- Income Tax MCQ QUIZ Set-1 (Basic Concept)
- Income Tax MCQ QUIZ Set-2 (Income from Salary)
- Income Tax MCQ QUIZ Set – 3 (Income from Salary)
- Income Tax MCQ QUIZ Set – 4 (Income from salary)
- Income Tax MCQ QUIZ Set – 5 (Income from Salary)
- Income Tax MCQ QUIZ Set – 6 (Income from House Property)
- Income Tax MCQ QUIZ Set – 7 (Income from House Property)
- Income Tax MCQ QUIZ Set – 8 (Income from House Property)
- Income Tax MCQ QUIZ Set – 9 (Profits and Gains from Business or Profession)
- Income Tax MCQ QUIZ Set – 10 (MCQ on Profit and Gain of Business or Profession)
- Income Tax MCQ QUIZ Set – 11 (MCQ on Income from Capital Gain)
- Income Tax MCQ QUIZ Set – 12 (Income from Capital Gains)
- Income Tax MCQ QUIZ Set – 13 (MCQ on Income from Other Sources)
- Income Tax MCQ QUIZ Set – 15 (Agricultural Income)
- Income Tax MCQ QUIZ Set – 16 (Set-off and Carry-forward of Losses)
- Income Tax MCQ QUIZ Set – 17 (Clubbing and Aggregation of Income)
- Income Tax MCQ QUIZ Set – 18 (Deductions from Gross Total Income)
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