Philip who retired from Central Government service on 28-2-2018, received monthly pension of ₹42,000 up to 30-9-2018 and ₹44,100 thereafter. His income from salary after standard deduction would be :

CS Executive · Tax Laws and Practice · PYQS · December 2019
Philip who retired from Central Government service on 28-2-2018, received monthly pension of ₹42,000 up to 30-9-2018 and ₹44,100 thereafter. His income from salary after standard deduction would be :
(A) ₹5,16,600
(B) ₹5,01,600
(C) ₹4,76,600
(D) ₹4,61,600

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Income Tax

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