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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