A HUF with Rs 8 lakh total income opts for 115BAC in AY 2021-22. Slab tax, ignoring cess?
ARs 40,000
BRs 50,000
CRs 37,500
DRs 45,000
Answer & Solution
Correct answer: D. Rs 45,000
Rs 12,500 plus Rs 25,000 plus 15 per cent of Rs 50,000 (Rs 7,500) totals Rs 45,000.
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