Course
CA Inter
Subject
FM AND SM
Category
Chart Book
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Comments
Sarita
16-Nov-2024
Pankaj gifted an amount of Rs 3,00,000 to his wife, Pinky and ₹ 2,00,000 to his daughter, Rink aged 20 years, on 1st April 2017. Both Pinky and Rinky invested the amounts on the same date in Government of India 11% Taxable Bonds. The interest accrues yearly and is reinvested in the same bonds. Determine what will be the amount taxable in hands on Pinky for A.Y. 2021 -22? (a) ₹ 4,473 (b) ₹ 12,132 (c) ₹ 33,000 (d) Nil Sir.. Explain this one ..