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Commerce · Q342

Income Tax and Corporate Tax

Graduate and Post Graduate · Commerce · question 342

Q342

If Mr. X received Rs. 14,000 from winning of lottery, then what is the amount of gross income of winning?

A.
Rs. 20,000
Answer
B.
Rs. 14,000
C.
Rs. 16,000
D.
None of these

Answer: Option A

Solution

Answer: Option A
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