For the PY 2020-21, taxable income of A Ltd., a domestic company is ₹ 10,86,920. Its turnover for PY 2018-19 was below ₹ 400 Crore. Its tax liability would be –
A. ₹ 2,79,880
B. ₹ 4,47,811
C. ₹ 3,35,860
D. ₹2,82,600
Answer:D
For the PY 2020-21, taxable income of A Ltd., a domestic company is ₹ 10,86,920. Its turnover for PY 2018-19 was below ₹ 400 Crore. Its tax liability would be –
A. ₹ 2,79,880 B. ₹ 4,47,811 C. ₹ 3,35,860 D. ₹2,82,600