The overall limit in case of deduction under Section 80G is:
A. 10% of gross total income
B. 10% of total income
C. 10% of gross total income as reduced any portion thereof on which income-tax is not payable under any provisions of the Act and by any amount in respect of which the assessee is entitled to a deduction under Chapter VIA except deduction under Section 80G
D. 20% of total income
Answer:C
The overall limit in case of deduction under Section 80G is:
A. 10% of gross total income B. 10% of total income C. 10% of gross total income as reduced any portion thereof on which income-tax is not payable under any provisions of the Act and by any amount in respect of which the assessee is entitled to a deduction under Chapter VIA except deduction under Section 80G D. 20% of total income