Question

Arrange the following items in ascending order of the Sections of Income Tax Act related to Deductions from Gross Total Income:
A. Deduction in respect of interest on deposits in savings accounts to maximum extent of ₹10,000
B. Deduction for interest paid on loan taken for pursuing higher education
C. Deduction in respect of royalty income of authors of certain books other than text books
D. Deduction in respect of contribution to Agnipath Scheme
E. Deduction in respect of donations to certain funds and charitable institutions

• A. A, B, C, D, E
• B. E, D, C, B, A
• C. D, B, E, C, A
• D. B, D, C, E, A

Hint:

Logic Tip: Most deduction sections under Chapter VI-A begin with 80 followed by alphabet combinations.

Answer 1

The Correct Option is D

Step 1:

• B $\rightarrow$ Section 80E
• D $\rightarrow$ Section 80CCH
• C $\rightarrow$ Section 80QQB
• E $\rightarrow$ Section 80G
• A $\rightarrow$ Section 80TTA

Step 2:
Ascending order: \[ 80E \rightarrow 80CCH \rightarrow 80QQB \rightarrow 80G \rightarrow 80TTA \]

Step 3:
Thus: \[ B,\; D,\; C,\; E,\; A \]

Step 4:
Hence, the correct answer is: \[ \boxed{\text{(4) B, D, C, E, A}} \]