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Match the following List-I List-II a Deduction in respect of income...

This question belongs to Commerce Income Tax And Corporate Tax
Income Tax and Corporate Tax
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Match the following.
List-I List-II
a. Deduction in respect of income of cooperative societies 1. 100% of such income or Rs. 3,00,000, whichever is less
b. Deduction in respect of royalty on patent 2. Maximum of Rs. 10,000
c. Deduction in respect of interest on deposits in saving account 3. 100% of profit, but in some case amount is fixed at Rs. 50,000/Rs. 1,00,000
d. Deduction in respect of contribution to certain provident funds 4. Maximum of Rs. 1,50,000

Answer & Solution
Correct Answer: Option A
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