Radha engaged in the trading business and had contributed a sum of ₹ 1 lakh to an approved university in July 2020 to be used for scientific research, which is not related to her business. The amount of deduction for which she is eligible under section 35 of income-taxAct, 1961 for Assessment Year 2020-2021 would be:

Question:Radha engaged in the trading business and had contributed a sum of ₹ 1 lakh to an approved university in July 2020 to be used for scientific research, which is not related to her business. The amount of deduction for which she is eligible under section 35 of income-taxAct, 1961 for Assessment Year 2020-2021 would be:

1. ₹ 1 lakh

2. ₹ 1.5 lakh

3. ₹ 1.75 lakh

4. ₹ 2 lakh


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