Mrs. Meena retired from service with Sky Ltd. on 31st January 2021. She received the following amounts from the unrecognized provident fund: (i) Own contribution ₹ 1,50,000 (ii) Interest on own contri- ₹ 21,000 bution (iii) Employer’s contribu- ₹ 1,10,000 tion (iv) Interest on employer’s ₹ 15,000 contribution How much of the receipt is chargeable to tax as income from salary?

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Question:Mrs. Meena retired from service with Sky Ltd. on 31st January 2021. She received the following amounts from the unrecognized provident fund: (i) Own contribution ₹ 1,50,000 (ii) Interest on own contri- ₹ 21,000 bution (iii) Employer’s contribu- ₹ 1,10,000 tion (iv) Interest on employer’s ₹ 15,000 contribution How much of the receipt is chargeable to tax as income from salary?

1.₹ 21,000

2. ₹ 15,000

3. ₹ 1,25,000

4.₹ 1,71,000

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  1. Mrs. Meena retired from service with Sky Ltd. on 31st January 2021. She received the following amounts from the unrecognized provident fund: (i) Own contribution ₹ 1,50,000 (ii) Interest on own contri- ₹ 21,000 bution (iii) Employer’s contribu- ₹ 1,10,000 tion (iv) Interest on employer’s ₹ 15,000 contribution How much of the receipt is chargeable to tax as income from salary?
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