Pankaj joins service on 1st April, 2010 in the grade of 15,000-(1,000)-18,000-(2,000)-26,000. He shall be paying tax for the year ended on 31st March, 2015 on the total salary of

CS Executive · Tax Laws and Practice · PYQS · December 2015
Pankaj joins service on 1st April, 2010 in the grade of 15,000-(1,000)-18,000-(2,000)-26,000. He shall be paying tax for the year ended on 31st March, 2015 on the total salary of
(A) ₹2,16,000
(B) ₹2,40,000
(C) ₹2,28,000
(D) ₹1,80,000.

Answer & Explanation:

Correct Answer: Option (B)

Official answer key: (B).

Topics: Income Tax Act, 1961

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