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Arrears of Rs 2,00,000 received. Amount charged to tax after deduction?

ARs 1,40,000
BRs 1,60,000
CRs 2,00,000
DRs 1,50,000
Answer & Solution
Correct answer: A. Rs 1,40,000
Thirty per cent of 2,00,000 is 60,000, leaving Rs 1,40,000 chargeable.
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