An individual has made investments in the schemes approved u/s 80C, and 80CCD of ₹ 2,50,000 and ₹ 1,00,000 respectively during the year ended 31st March 2021. Amount that can be claimed by him as deduction out of income in AY 2021-22 is

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Question:An individual has made investments in the schemes approved u/s 80C, and 80CCD of ₹ 2,50,000 and ₹ 1,00,000 respectively during the year ended 31st March 2021. Amount that can be claimed by him as deduction out of income in AY 2021-22 is

1. 50% of ₹ 3,50,000

2. ₹1,50,000 u/s 80C and ₹ 1,00,000 u/s 80CCD

3.₹ 1,50,000

4. None of the above

Posted by R4R Team
  1. An individual has made investments in the schemes approved u/s 80C, and 80CCD of ₹ 2,50,000 and ₹ 1,00,000 respectively during the year ended 31st March 2021. Amount that can be claimed by him as deduction out of income in AY 2021-22 is
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