Taxation - Income TaxMCQQuestion 6093 of 146
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2. Deduction in respect of interest on loan for the P.Y. 2023-24 shall be:

Select Your Answer (Keyboard: A, B, C, D)
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Correct Answer

✅ Option A — ₹ 2,02,500

All Options:

  • A₹ 2,02,500 ✓
  • B₹ 1,35,000
  • C₹ 5,62,500
  • D₹ 1,12,500 (2 Marks) 1 Read “opt for” as “pay tax under”

Detailed Solution & Explanation

Correct Answer: Option **A** Explanation: As per the official suggested answer, option **A** is correct. Hence, **Option A** is the correct answer.

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