Question

ABC Ltd. earned ₹50 lakh before tax. It made donations eligible under Section 80G of ₹5 lakh and depreciation as per IT Act ₹7 lakh. What is the taxable income before MAT?

A ₹30 lakh
B ₹38 lakh
C ₹45 lakh
D ₹50 lakh
E ₹40 lakh
Practice Next

Hey! Ask a query