5. Which of the following statement is correct in respect of deductions available to him under Chapter VI-A?
Options
AHe shall be eligible for a deduction of ` 1,50,000 in respect of interest on
loan irrespective of the tax regime opted by him.
BHe shall not be eligible for any deduction under Chapter VI-A irrespective
of the tax regime opted by him.
CHe shall be eligible for a deduction of ` 1,50,000 in respect of interest on
loan only if he opts out of the default tax regime.
DHe shall be eligible for a deduction of ` 50,000 in respect of interest on
loan only if he opts out of the default tax regime.
(2 Marks)
For any discrepancies in this question, email contact@cadada.in