Vignesh was appointed in XYZ Ltd on 01.12.2020 for a monthly salary of ₹80,000. He was not employed prior to that date during the previous year 2020-21. Compute the salary income chargeable to tax for the assessment year
CS Executive · Tax Laws · PYQS · June 2021
Vignesh was appointed in XYZ Ltd on 01.12.2020 for a monthly salary of ₹80,000. He was not employed prior to that date during the previous year 2020-21. Compute the salary income chargeable to tax for the assessment year 2021-22 on the assumption that Vignesh opted for section 115BAC.
Answer & Explanation:
Correct Answer: Option (A)
Official answer key: (A).
Topics: Income Tax
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