The income-tax payable in respect of the total income of an individual or an HUF may be computed at the option of the assessee at a rate u/s 115BAC for any previous year relevant to the AY 2021-22 or after, if certain conditions are satisfied. One of the condition is that the assessee cannot claim certain exemptions and deductions. However the assessee may claim deduction u/s:
A. 80CCD(2) .
B. 80JJAA
C. 80C
D. Both (a) & (b)
Answer:D
The income-tax payable in respect of the total income of an individual or an HUF may be computed at the option of the assessee at a rate u/s 115BAC for any previous year relevant to the AY 2021-22 or after, if certain conditions are satisfied. One of the condition is that the assessee cannot claim certain exemptions and deductions. However the assessee may claim deduction u/s:
A. 80CCD(2) . B. 80JJAA C. 80C D. Both (a) & (b)