Appu Ltd. contributed ₹ 8,70,000 towards the provident fund account of its employees. It actually remitted ₹ 5,00,000 up to 31st March and ₹ 2,50,000 up to the due date for filing the return specified in Section 139(1). The amount liable to tax in its assessment would be

Question:Appu Ltd. contributed ₹ 8,70,000 towards the provident fund account of its employees. It actually remitted ₹ 5,00,000 up to 31st March and ₹ 2,50,000 up to the due date for filing the return specified in Section 139(1). The amount liable to tax in its assessment would be

1. ₹ 3,70,000

2.₹ 1,20,000

3.Nil

4.₹ 8,70,000


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