Practice free →
HomeCA IntertaxationIncome-tax Basic Concepts › Total Income is arrived at by subtracting ___ fr…

Total Income is arrived at by subtracting ___ from the Gross Total Income:

Asurcharge
Bthe basic exemption only
Cdeductions under Chapter VI-A
Dcess
Answer & Solution
Correct answer: C. deductions under Chapter VI-A
Total Income = GTI − Chapter VI-A deductions.
Solve this in the app — CA Inter practice & 24k+ MCQs →
Related questions