Ms. Sitara is in receipt of family pension of ₹15,000 p.m. during 2014-15. Income chargeable to tax for assessment year 2015-16 of Ms. Sitara is

CS Executive · Tax Laws and Practice · PYQS · December 2015
Ms. Sitara is in receipt of family pension of ₹15,000 p.m. during 2014-15. Income chargeable to tax for assessment year 2015-16 of Ms. Sitara is
(A) ₹1,80,000
(B) ₹1,20,000
(C) ₹1,65,000
(D) Nil.

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Income Tax Act, 1961

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