Mr. Siraj engaged in retail trade reports a turnover of ₹ 43 lakhs for the previous year 2016-17. He deposited ₹ 30,000 in his PPF account held with SBI. His total income for the assessment year 2017-18 by applying secti
CS Executive · Tax Laws and Practice · PYQS · June 2017
Mr. Siraj engaged in retail trade reports a turnover of ₹ 43 lakhs for the previous year 2016-17. He deposited ₹ 30,000 in his PPF account held with SBI. His total income for the assessment year 2017-18 by applying section 44AD provision is :
Answer & Explanation:
Correct Answer: Option (C)
Official answer key: (C).
Topics: Income Tax
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