Question
The gross total income of Mrs Verma from all sources for the assessment year 2022-23 is Rs700000. She has made the following investments, as well
The gross total income of Mrs Verma from all sources for the assessment year 2022-23 is Rs700000. She has made the following investments, as well as certain payments during the financial year 2021-22. 1. Contribution to PPF, Rs 145000 2. Payment made to Alfa coaching classes as private tuition fees for science classes Rs 15000 3. Repayment of housing loan taken from SBI, Rs 15000 4. Contribution towards approved pension fund of LIC, Rs 123000
a. Compute the eligible deduction amount under Section 80 C, 80CCC, 80CCE (5 Marks)
b. Discuss the relevant provisions as applicable under Section 80 C, 80CCC, 80CCE. (5 Marks)
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