Bharat, engaged in business, claimed that he paid ₹ 10,000 per month by cheque as rent for his residence. He does not own any residential building. His total income computed before deduction under section 80GG is ₹ 3,40,000, The amount he can claim as deduction under section 80GG is –
A. ₹ 60,000
B. ₹ 86,000
C. ₹ 1,20,000
D. ₹ 85,000
Answer:A
Bharat, engaged in business, claimed that he paid ₹ 10,000 per month by cheque as rent for his residence. He does not own any residential building. His total income computed before deduction under section 80GG is ₹ 3,40,000, The amount he can claim as deduction under section 80GG is –
A. ₹ 60,000 B. ₹ 86,000 C. ₹ 1,20,000 D. ₹ 85,000