Mr. X, a resident 47 years, has salary income (computed) of 7,25,000 and agricultural income of 1,00,000 for the P.Y. 2023-24. Compute his tax…
CA Intermediate · Taxation · MTP · May 2024
Mr. X, a resident 47 years, has salary income (computed) of 7,25,000 and agricultural income of 1,00,000 for the P.Y. 2023-24. Compute his tax liability for A.Y. 2024-25 if he is paying tax under default tax regime under section 115BAC.
Suggested Answer and Working Notes:
Correct Answer: Option (A)
₹ 26,000
Topics: Paper 3A: Income Tax Laws
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