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Income from Salaries- Interest Concession

Herein attaching two pictures- One with the answer and question from the Padhuka Question Bank and the other being my solution. As per Padhuka, there may be two solutions- One that gives answer of 21615 and the other giving answer of 20880. (Since there is % computation, I believe slight variance js possible) But I was informed only the method giving answer as 20880 is correct. Could you please check if both methods are correct?

Attachments

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Suraj Narayanan

Suraj Narayanan

CA Inter

7K+

21-Jul-20 07:45

18

Answers (2)

Best Answer

Both methods were correct but assumption must be mentioned clearly .


KEERTHI PRIYA

KEERTHI PRIYA

Moderator

21-Jul-20 17:21

Both methods were correct but assumption must be mentioned clearly .

Thank you ma'am


Suraj Narayanan

Suraj Narayanan

CA Inter

7K+

21-Jul-20 17:31