Swamy aged 83 has total income of ₹9,80,000 for the assessment year 2023-24. He has opted for section 115BAC of the Income Tax Act, 1961. How much is his income tax liability for the assessment year 2023-24?
CS Executive · Tax Laws · PYQS · June 2023
Swamy aged 83 has total income of ₹9,80,000 for the assessment year 2023-24. He has opted for section 115BAC of the Income Tax Act, 1961. How much is his income tax liability for the assessment year 2023-24?
Answer & Explanation:
Correct Answer: Option (D)
Official answer key: (D).
Topics: Income Tax Act, 1961
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