Match List I with List II

List I Tax deductions		List II Relevant Sections
(A)	Deduction in respect of rent paid	(I)	80 GGC
(B)	Deduction in respect of contribution given by company to political parties	(II)	80 GG
(C)	Deduction in respect of contribution given by any person to political parties	(III)	80 GGA
(D)	Deduction in respect of certain donations for scientific research	(IV)	80 GGB

Choose the correct answer from the options given below: 

The correct answer is A - II, B - IV, C - I, D - III.

Key Points

• Section 80GGC:
  • This allows for deductions from your gross total income if you donate to any political party or an electoral trust.
  • The amount of deduction under this section is equal to the contribution made.
  • The great thing about this is that there isn't any ceiling limit.
• Section 80GG:
  • This offers deductions for rent paid when HRA is not received.
  • This is beneficial for self-employed folks or salaried people who don't receive House Rent Allowance (HRA) from their employer.
  • The section details specific calculations to determine the deduction amount based on rent paid, income, and a flat rate.
• Section 80GGA:
  • This section provides deductions for donations made towards scientific research or rural development.
  • This deduction is available to all assessees who have income not under the head of "Profits and gains of business or profession."
  • So it's mainly for salaried employees or people with income from other sources than a business.
• Section 80GGB:
  • This is for companies that make contributions to political parties or an electoral trust.
  • This section allows companies to deduct such contributions from their business income.
  • There isn't any limit on the amount that can be donated. However, the donation must be made by any mode other than cash to claim a deduction.