Ram Process (P) Ltd received ₹2,10,000 on transfer of Carbon Credit. The total income of the company is below ₹100 lakhs. How much is payable as income tax (including surcharge and higher education cess) on the said amou
CS Executive · Tax Laws · PYQS · June 2021
Ram Process (P) Ltd received ₹2,10,000 on transfer of Carbon Credit. The total income of the company is below ₹100 lakhs. How much is payable as income tax (including surcharge and higher education cess) on the said amount received on transfer of carbon credit ?
Answer & Explanation:
Correct Answer: Option (B)
Official answer key: (B).
Topics: Income Tax
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