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Mr.

Mr. Subhash Bansal, a marketing manager is employed with IMFB limited. He took an advance of Rs. 1,20,000 against the salary of Rs. 30,000 per month in the month of March 2007. The gross salary of Mr. Adhikari for the assessment year 2012-13 shall be:

A.

Rs. 3,60,000

B.

Rs. 4,80,000

C.

Rs. 2,40,000

D.

Rs. 3,80,000

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