Question
Mr. Rohit and Mrs. Rohit hold 20% and 30% equity shares
in Virat Ltd., respectively. They are employed in Virat Ltd. (taxable salary being ₹2,20,000 p.a. and ₹3,40,000 p.a., respectively) without any technical or professional qualification. Other incomes of Mr. Rohit and Mrs. Rohit are ₹80,000 and ₹90,000, respectively. Find out the net income of Mr. Rohit and Mrs. Rohit for the assessment year 2024-25.Solution
The correct answer is D
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