1.

Mr. Jeevani is 43 years old. His gross total income is ₹10,00,000. He has invested the following amounts in different schemes :(i) Insurance premium = ₹80,000(ii) Investment in PF = ₹45,000(iii) Investment in PPF = ₹4,000(iv) National Saving Certificate = ₹11,000Find out the income tax payable.

Answer» Mr. Jeevani is 43 years old. His gross total income is ₹10,00,000. He has invested the following amounts in different schemes :

(i) Insurance premium = ₹80,000

(ii) Investment in PF = ₹45,000

(iii) Investment in PPF = ₹4,000

(iv) National Saving Certificate = ₹11,000

Find out the income tax payable.


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