Question

2. From the following information compute the relief available u/s 89:
A. Y.
AY
2020-21
2019-20
₹
Total Income assessed
5,85,000 3,30,000
The income of 75,85,000 includes arrear of salary for the Assessment Year 2019-20 750,000.
Rates of tax
Assessment Year 2019-20 & 2020-21
On 2,50,000
Nil
Next * 2,50,000
5%
Next 5,00,000
20%
Next Balance
30%
Health & Education Cess
Rebate of tax u/s 87A: the Assessment Year 2019-20 upto * 2,500; the Assessment Year 2020-21
up to 12,500.

Answer 1

Answer:

total income is 85000 is the answer