Total income Rs 9 lakh; original 115BAC rates apply. Find the tax before adding cess.
ARs 55,000
BRs 65,000
CRs 60,000
DRs 67,500
Answer & Solution
Correct answer: C. Rs 60,000
Rs 37,500 on the first two bands plus 15 per cent of Rs 1,50,000 (Rs 22,500) gives Rs 60,000.
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