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Commerce · Q711

Income Tax and Corporate Tax

Graduate and Post Graduate · Commerce · question 711

Q711

Tax is computed on agricultural income, when

A.
agricultural income is more than Rs. 5,000
B.
total non-agricultural income is more than exemption limit
C.
on happening of both A and B
Answer
D.
None of the above

Answer: Option C

Solution

Answer: Option C
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