Mr. Mithun employed in a Firm where he is regularly receiving consolidated salary of ₹25,000 per month during the year 2022-23 and also received family pension @ ₹15,000 p.m. during the year. His total income for the Fin
CS Executive · Tax Laws · PYQS · December 2023
Mr. Mithun employed in a Firm where he is regularly receiving consolidated salary of ₹25,000 per month during the year 2022-23 and also received family pension @ ₹15,000 p.m. during the year. His total income for the Financial Year 2022-23 taking that he does not have any deduction under Chapter VI A:
Answer & Explanation:
Correct Answer: Option (A)
Official answer key: (A), (C). Official source note: Option A is correct assuming assessee has opted for section 115BAC. Option C is correct assuming assessee has not opted for section 115BAC.
Topics: Income Tax Act, 1961
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