Mr. Menon having tea estate in Munnar (Kerala) earned ₹ 5 lakh by way of growing tea leaves and manufacturing tea. The income chargeable to tax would be :
CS Executive · Tax Laws and Practice · PYQS · December 2017
Mr. Menon having tea estate in Munnar (Kerala) earned ₹ 5 lakh by way of growing tea leaves and manufacturing tea. The income chargeable to tax would be :
Answer & Explanation:
Correct Answer: Option (A)
Official answer key: (A).
Topics: Income Tax
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