Ramachari (age 83) is a pensioner who received ₹7,46,000 by way of pension during the previous year 2020-21. His only other income is interest of ₹65,000 from fixed deposit held in nationalized bank. What is the total in

CS Executive · Tax Laws · PYQS · June 2021
Ramachari (age 83) is a pensioner who received ₹7,46,000 by way of pension during the previous year 2020-21. His only other income is interest of ₹65,000 from fixed deposit held in nationalized bank. What is the total income ?
(A) ₹8,01,000
(B) ₹7,11,000
(C) ₹7,61,000
(D) ₹7,21,000

Answer & Explanation:

Correct Answer: Option (B)

Official answer key: (B).

Topics: Income Tax

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