Shyam, a Resident Indian turned 60 years of age on 1.4.2020, His income for the previous year 2019-20 is 7 3,30,000. His tax liability for the AY 2020-21 will be:
A. 7 1,040
B. ₹ 1,560
C. ₹960
D. Nil
Answer:D
Shyam, a Resident Indian turned 60 years of age on 1.4.2020, His income for the previous year 2019-20 is 7 3,30,000. His tax liability for the AY 2020-21 will be:
A. 7 1,040 B. ₹ 1,560 C. ₹960 D. Nil