other govt exam FCI Assistant Grade 3 (AG III) Phase I & II Mock Test Income-tax and Corporate Tax Planning
Deductions under Chapter VI-A of the Income Tax Act, 1961 are allowed after excluding which of the following incomes from the gross total income?
(i) Income from house property
(ii) Long-term capital gains
(iii) Short-term capital gains under Section 111A
(iv) Income from lotteries
1
(i), (ii) and (iii)
2
(ii), (iii) and (iv)
3
Both (ii) and (iii)
4
Only (ii)
5
Both (i) and (iv)