Total income-tax including education cess payable in case of a resident individual aged 58 years, whose computed total income is ₹3,40,000 for assessment year 2018-19 shall be:

CS Executive · Tax Laws and Practice · PYQS · December 2018
Total income-tax including education cess payable in case of a resident individual aged 58 years, whose computed total income is ₹3,40,000 for assessment year 2018-19 shall be:
(A) ₹9,270
(B) ₹2,060
(C) ₹4,120
(D) ₹4,635

Answer & Explanation:

Correct Answer: Option (B)

Official answer key: (B). Official source note: Total income-tax including education cess payable in case of a resident individual aged 58 years, whose computed total income is ₹ 3,40,000 for assessment year 2018-19 shall be : (A) ₹ 9,270 (B) ₹ 2,060 54

Topics: Income Tax Act, 1961

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