Rao, carrying business, contributed ₹ 40,000 in the National Pension Trust account. He also made a tax-saving deposit of ₹ 1,20,000 in his PPF account and ₹ 40,000 in LIC Premium. The total amount eligible for deduction under various sections enumerated in Chapter VI-A shall be:

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Question:Rao, carrying business, contributed ₹ 40,000 in the National Pension Trust account. He also made a tax-saving deposit of ₹ 1,20,000 in his PPF account and ₹ 40,000 in LIC Premium. The total amount eligible for deduction under various sections enumerated in Chapter VI-A shall be:

1.₹ 1,90,000

2. ₹ 1,50,000

3. ₹ 1,20,000

4.₹ 2,00,000

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  1. Rao, carrying business, contributed ₹ 40,000 in the National Pension Trust account. He also made a tax-saving deposit of ₹ 1,20,000 in his PPF account and ₹ 40,000 in LIC Premium. The total amount eligible for deduction under various sections enumerated in Chapter VI-A shall be:
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