Question

Mr shah aged 83 years had annual income rs 600000 last year. What is his taxable income this year?

Answer 1

Hey Friend ☺

Mr Shah aged 83 years had annual income is Rs 6 , 00 , 000 .

Since Mr Shah is senior citizen

Taxable income = 600000 - 500000

= 100000

So the taxable income is Rs 100000

Hope it helps you ..!!

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