Mr. P received a Salary of ₹ 3,00,000 for the year ended 31-03-2024. He contributed ₹ 45,000 to employees recognised provident fund account and equal contribution is also done by his employer. Taxable Income of Mr. P wil
CS Executive · Tax Laws · PYQS · June 2024
Mr. P received a Salary of ₹ 3,00,000 for the year ended 31-03-2024. He contributed ₹ 45,000 to employees recognised provident fund account and equal contribution is also done by his employer. Taxable Income of Mr. P will be (considering the fact that Mr. P did not opt 115BAC of the Income Tax Act, 1961).
Answer & Explanation:
Correct Answer: Option (A)
Official answer key: (A).
Topics: Income Tax
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