Pro Learners Academy LMS Backend

Assignment 2

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  • Salary Structure
  • Other details are as follows:

Compute the 80GG exemption:

Mr. Karthik has to pay 2,300 as professional tax for the P/Y. Out of this amount 1,000 was paid by his employer and the remaining amount was paid by him from his own pocket. The deduction u/s 16(iii) available to him shall be:
  • Rs.1300
  • Rs. 1000
  • Rs.2300
  • Rs.2500
What be the deduction available under Section 80GG to Ramya and Nagesh?
  • Rs. 50000/- each
  • Rs. 54,240/- to Ramya and Rs. 60,000/- to Nagesh
  • Nil

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