Income Tax MCQ QUIZ Set – 18 (Deductions from Gross Total Income)

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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 :


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