Income tax assessment of Ajay was completed determining the income at ₹8,40,000 as against the returned income of ₹5,40,000. The amount payable as fee for appeal before Commissioner (Appeals) by him, would be :

CS Executive · Tax Laws and Practice · PYQS · December 2019
Income tax assessment of Ajay was completed determining the income at ₹8,40,000 as against the returned income of ₹5,40,000. The amount payable as fee for appeal before Commissioner (Appeals) by him, would be :
(A) ₹250
(B) ₹500
(C) ₹1,000
(D) ₹5,000

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Income Tax

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