A resident assessee, who is of the age of 60 years or more but less than 80 years at any time during the previous year 2019-20 shall not be paying tax on income up to ______ but shall be paying surcharge at the rate of _
CS Executive · Tax Laws and Practice · PYQS · December 2020
A resident assessee, who is of the age of 60 years or more but less than 80 years at any time during the previous year 2019-20 shall not be paying tax on income up to ______ but shall be paying surcharge at the rate of ______ of income tax where total income exceeds ₹1 crore.
Answer & Explanation:
Correct Answer: Option (D)
Official answer key: (D).
Topics: Rates of Tax
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