Anil is employed in a company with annual salary of ₹ 8,60,000 (computed). The company paid income-tax of ₹ 37,000 on his non-monetary perquisites. He paid ₹ 1,20,000 to recognised provident fund during the year 2020-21. His taxable income would beta)
A. ₹ 7,77,000
B. ₹ 7,40,000
C. ₹ 7,97,000
D. ₹ 7,60,000
Answer:B
Anil is employed in a company with annual salary of ₹ 8,60,000 (computed). The company paid income-tax of ₹ 37,000 on his non-monetary perquisites. He paid ₹ 1,20,000 to recognised provident fund during the year 2020-21. His taxable income would beta)
A. ₹ 7,77,000 B. ₹ 7,40,000 C. ₹ 7,97,000 D. ₹ 7,60,000