The aggregate income of Mr. Tanmoy under the different heads of income is Rs.1, 50,000. He will get a deduction of Rs.30, 000 under sections 80C to 80U.His Gross Total Income and Net Total income are

A. Rs.150000 & 30000 respectively

B. Rs.150000 & 120000 respectively

C. Rs.120000 & 30000 respectively

D. None of the above.

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  4. The term "Person" includes
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  7. Contribution to superannuation fund is
  8. TDS, in case of salary should be deposited within
  9. Any receipt of casual and non-recurring nature is known as casual income
  10. The aggregate amount of deductions under chapter VI-A can not exceed
  11. For the purpose of Fringe Benefit Tax, the term 'Employer' does not include
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  15. The income of previous year of an assessee is taxed during the following assessment year
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  18. The aggregate income of Mr. Tanmoy under the different heads of income is Rs.1, 50,000. He will get…
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  30. The rates of Income Tax are specified in