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Mr. X, a writer and a professional furnishes the following particulars for the previous year ended 31.03.2021: (a) Royalty on books (eligible for deduction u/s
Mr. X, a writer and a professional furnishes the following particulars for the previous year ended 31.03.2021: (a) Royalty on books (eligible for deduction u/s 80QQB) 42,000 (b) Expenditure on books 8,000 (c) Income from profession 3,30,000 70,000 (d) Deposited in public provident fund (15.03.2021) You are required to compute (i) Taxable income, (ii) Tax payable for assessment year 2021-22
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