Mr. Robert aged 52 years received monthly pension of ₹ 30,000 during the financial year 2016-17. His agricultural income in India is ₹ 50,000. His net income-tax liability is:
CS Executive · Tax Laws and Practice · PYQS · June 2017
Mr. Robert aged 52 years received monthly pension of ₹ 30,000 during the financial year 2016-17. His agricultural income in India is ₹ 50,000. His net income-tax liability is:
Answer & Explanation:
Correct Answer: Option (D)
Official answer key: (D). Official source note: Mr. Robert aged 52 years received monthly pension of ₹ 30,000 during the financial year 2016-17. His agricultural income in India is ₹ 50,000. His net income-tax liability is : (A) ₹ 14,420 (B) ₹ 9,270 (C) ₹ 4,120 (D) ₹ 11,330
Topics: Income Tax
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