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      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.
      A Mr. Rohit ₹90,000; Mrs. Rohit ₹6,50,000 Correct Answer Incorrect Answer
      B Mr. Rohit ₹3,00,000; Mrs. Rohit ₹4,30,000 Correct Answer Incorrect Answer
      C Mr. Rohit ₹2,20,000; Mrs. Rohit ₹5,10,000 Correct Answer Incorrect Answer
      D Mr. Rohit ₹80,000; Mrs. Rohit ₹6,50,000 Correct Answer Incorrect Answer

      Solution

      The correct answer is D

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