Which of the following conclusions is not correct as per the provisions of the Income Tax Act, 1961?
1
Donation to the National Children's Fund is 100% tax deductible under section 80G.
2
Medical insurance premium paid by any mode other than cash is eligible for deduction under section 80D.
3
Rebate under section 80TTA will be admissible even if the person has opted for the alternate taxation scheme under section 115BAC.
4
Section 80U deals with exemption in respect of person with disability.