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75. Mr. Raj, aged 32 years, presents you the following data for A.Y. 2021- 22: in lakhs 70 Particulars Gross Receipts from Business conducted entirely

75. Mr. Raj, aged 32 years, presents you the following data for A.Y. 2021- 22: in lakhs 70 Particulars Gross Receipts from Business conducted entirely through banking channels (opted for section 44AD) Capital Gains under section 112A Capital Gains under section 111A Winnings from horse races 5 3 1 What would be the tax liability as per the regular provisions of the Income-tax of Mr. Raj for the A.Y.2021-22

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