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Section B (2 Mark)A Family consists of karta, his wife four sons and their wires...

Section B (2 Mark)

A Family consists of karta, his wife four sons and their wires and children and its income is Rs. 1000000 if by family arrangement income yield property is settled on karta his wife and sons & daughter in law than tax liability would be

A.

Nil

B.

100000

C.

Calculated as per income tax Act 1961

D.

None of the above

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