A HUF is having total income of ₹22,50,000 for the previous year ended 31st March, 2022. Compute the net tax liability of HUF if it opts for section 115BAC for the Assessment Year 2022-23?
CS Executive · Tax Laws · PYQS · June 2022
A HUF is having total income of ₹22,50,000 for the previous year ended 31st March, 2022. Compute the net tax liability of HUF if it opts for section 115BAC for the Assessment Year 2022-23?
Answer & Explanation:
Correct Answer: Option (D)
Official answer key: (D).
Topics: Income Tax Act, 1961
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