Govt, of India paid salary of ₹ 5 lakh and allowances and perquisites valued at ₹ 2.20 lakh to a person who is citizen of India for the services rendered by him outside India for 5 months during the previous year. His total income chargeable to tax after allowing standard deduction would be –
A. ₹ 6,80,000
B. ₹ 4,60,000
C. ₹ 5,70,000
D. Nil
Answer:B
Govt, of India paid salary of ₹ 5 lakh and allowances and perquisites valued at ₹ 2.20 lakh to a person who is citizen of India for the services rendered by him outside India for 5 months during the previous year. His total income chargeable to tax after allowing standard deduction would be –
A. ₹ 6,80,000 B. ₹ 4,60,000 C. ₹ 5,70,000 D. Nil