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      Question

      Under the Income Tax Act, the maximum amount of

      deduction allowed under Section 80C for investments/expenditures (for FY 2025-26) is:
      A β‚Ή1,00,000 Correct Answer Incorrect Answer
      B β‚Ή1,50,000 Correct Answer Incorrect Answer
      C β‚Ή2,00,000 Correct Answer Incorrect Answer
      D β‚Ή2,50,000 Correct Answer Incorrect Answer

      Solution

      The aggregate deduction limit under Section 80C for specified investments (like PPF, ELSS, Life Insurance Premium, etc.) and expenditures (like tuition fees) is β‚Ή1,50,000 per financial year.

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