Where the total income of an assessee includes any income by way of transfer of Carbon Credits, the tax payable thereon in Asst. Year 2020-21 shall be at the rate of ______ with applicable surcharge and cess.
CS Executive · Tax Laws and Practice · PYQS · December 2020
Where the total income of an assessee includes any income by way of transfer of Carbon Credits, the tax payable thereon in Asst. Year 2020-21 shall be at the rate of ______ with applicable surcharge and cess.
Answer & Explanation:
Correct Answer: Option (D)
Official answer key: (D).
Topics: Special Provisions relating to Certain Incomes
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