A registered trade union earned ₹1,00,000 by way of interest on bank deposits and ₹1,80,000 by way of rent from let-out of its premises. Total income of the trade union chargeable to tax would be —
CS Executive · Tax Laws and Practice · PYQS · December 2016
A registered trade union earned ₹1,00,000 by way of interest on bank deposits and ₹1,80,000 by way of rent from let-out of its premises. Total income of the trade union chargeable to tax would be —
Answer & Explanation:
Correct Answer: Option (D)
Official answer key: (D).
Topics: Income Tax
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