Shravan engaged in business paid monthly rent of ₹ 10,000 by cheque for his residence during the previous year 2019-2020. His adjusted total income is ₹ 3,40,000. The amount eligible for deduction under section 80GG is:
A. ₹ 86,000
B. ₹ 60,000
C. ₹ 24,000
D. ₹ 85,000
Answer:B
Shravan engaged in business paid monthly rent of ₹ 10,000 by cheque for his residence during the previous year 2019-2020. His adjusted total income is ₹ 3,40,000. The amount eligible for deduction under section 80GG is:
A. ₹ 86,000 B. ₹ 60,000 C. ₹ 24,000 D. ₹ 85,000