Mr. X’s total income (before allowing deduction under section 80GG) for AY. 2021-22 is ₹ 9,00,000, paid house rent ₹ 2,00,000 in respect of residential accommodation occupied by him. The deduction allowable to him under section 80GG for A.Y. 2021-22 is:
A. ₹ 90,000
B. ₹ 1,35,000
C. ₹ 60,000
D. ₹ 2,25,000
Answer:C
Mr. X’s total income (before allowing deduction under section 80GG) for AY. 2021-22 is ₹ 9,00,000, paid house rent ₹ 2,00,000 in respect of residential accommodation occupied by him. The deduction allowable to him under section 80GG for A.Y. 2021-22 is:
A. ₹ 90,000 B. ₹ 1,35,000 C. ₹ 60,000 D. ₹ 2,25,000