Teaching UGC NET Mock Test Series 2025 (Paper 1 & 2) Income-tax and Corporate Tax Planning

Maximum ceiling of interest on borrowed capital under section 24 (b) is deductible and the individual has not opted for alternative tax regime under section 115 BAC is

1
Rs. 50,000
2
Rs. 2,00,000
3
Rs. 1,00,000
4
Rs. 5,00,000
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