Which of the following statements is true with respect to the A.Y. 2021-22:
A. No exemption under section 80TTA would be available to resident se-nior citizens
B. Share of profit will be exempt in § the hands of partner
C. Exemption will not be available in respect of long term capital gains
D. Exemption under section 10(32) on income of minor child is allowed for ₹ 5,000
Answer:B
Which of the following statements is true with respect to the A.Y. 2021-22:
A. No exemption under section 80TTA would be available to resident se-nior citizens B. Share of profit will be exempt in § the hands of partner C. Exemption will not be available in respect of long term capital gains D. Exemption under section 10(32) on income of minor child is allowed for ₹ 5,000