Q493
Given: Private income = Rs. 30,000 Tax on Corporate Profit = Rs. 5,000 Undistributed Profit of Corporate = Rs. 4,000 The personal income will be:
A.
Rs. 30,000
B.
Rs. 21,000
AnswerC.
Rs. 35,000
D.
Rs. 39,000
Answer: Option B
Solution
Answer: Option B
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