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Tell me the right answer of Questions 1
Direct Taxation
Suggested Answer is option B
Answers (1)
There must be a small change in the question. Make it as Mr. Saral attained the age of 60 years on 01-0402020. Then, assessee is a senior citizen. Up to Rs. 3 Lakhs not taxable. Next 2 Lakhs at 5% and balance 60,000 at 20% and add HEC of 4%. You will get the answer.
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