Govt. of India paid salary of ₹5 lakh and allowances/perquisites valued at ₹2.20 lakh to a person who is citizen of India for the services rendered by him outside India for 5 months during the previous year. His total in

CS Executive · Tax Laws and Practice · PYQS · December 2015
Govt. of India paid salary of ₹5 lakh and allowances/perquisites valued at ₹2.20 lakh to a person who is citizen of India for the services rendered by him outside India for 5 months during the previous year. His total income chargeable to tax would be
(A) ₹7,20,000
(B) ₹5,00,000
(C) ₹6,10,000
(D) Nil.

Answer & Explanation:

Correct Answer: Option (B)

Official answer key: (B).

Topics: Income Tax Act, 1961

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