During the year 2023-24, Mrs. Kalis (aged 65 years), received - 10,50,000 a family pension. She had to spend - 26,000 to get such income towards…
CA Intermediate · Taxation · PYQS · September 2024
During the year 2023-24, Mrs. Kalis (aged 65 years), received - 10,50,000 a family pension. She had to spend - 26,000 to get such income towards documentation and processing charges. She does not have any other income. Assuming she opts for 3 the default tax regime, what shall be her total income chargeable to tax?
Suggested Answer and Working Notes:
Correct Answer: Option (A)
₹ 10,35,000
Topics: Paper 3A: Income Tax Laws
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