alleryStart learning →A taxpayer with Rs 20 lakh total income picks 115BAC. Tax before cess, AY 2021-22?
ARs 3,00,000
BRs 3,37,500
CRs 3,50,000
DRs 3,25,000
Answer & Solution
Correct answer: B. Rs 3,37,500
Rs 1,87,500 on the first Rs 15 lakh plus 30 per cent of Rs 5 lakh (Rs 1,50,000) gives Rs 3,37,500.
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