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Commerce · Q735

Income Tax and Corporate Tax

Graduate and Post Graduate · Commerce · question 735

Q735

Government's contribution to the new pension scheme referred to in Section 80CCD is

A.
An exempt income
B.
Income chargeable to tax as salaries in full
Answer
C.
50% there of is income chargeable to tax as Salaries
D.
Income chargeable to tax as income from other sources in full

Answer: Option B

Solution

Answer: Option B
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