Read the given statements and choose the correct option. Statement 1 : Under the Income-tax Act, 1961, a deduction equal to 30% of the annual value is allowed while computing income from house property. Statement 2 : Where the property has been acquired or constructed with borrowed capital, the maximum deduction for interest payable on such capital is capped at 2,00,000, subject to conditions.
AIBE XX 2025 Set A Question 51
Read this AIBE previous year question with options and the official answer-key label, or start the timed PYQ practice for the full paper.
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