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Amount of deduction under section 22 of the Income-tax Act, 2025 from annual value is:

Under section 22(1)(a) of the Income-tax Act, 2025 (formerly section 24(a) of the Income-tax Act, 1961), the standard deduction from the annual value of house property is a…

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Amount of deduction under section 22 of the Income-tax Act, 2025 from annual value is:

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Correct answer C

Under section 22(1)(a) of the Income-tax Act, 2025 (formerly section 24(a) of the Income-tax Act, 1961), the standard deduction from the annual value of house property is a sum equal to thirty per cent of the annual value, that is "3/10 of Annual Value".

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