Anjan joins a service in the grade of ₹15,600-39,100 plus grade pay of ₹6,000 on 01.08.2013. He also gets dearness allowance @ 107% of salary. His tax liability for assessment year 2014-15 will be —

CS Executive · Tax Laws and Practice · PYQS · December 2014
Anjan joins a service in the grade of ₹15,600-39,100 plus grade pay of ₹6,000 on 01.08.2013. He also gets dearness allowance @ 107% of salary. His tax liability for assessment year 2014-15 will be —
(A) ₹16,243
(B) ₹15,770
(C) Nil
(D) ₹14,243.

Topics: Income Tax Act, 1961

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