Sarathhasreceivedasum of ₹ 3,40,000 as interest on enhanced compensation for compulsory acquisition of land by the State Government in May 2020. Of this, only ₹ 12,000 pertains to the current year and the rest pertains to earlier years. The amount chargeable to tax for the AY 2021-22 would be

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Question:Sarathhasreceivedasum of ₹ 3,40,000 as interest on enhanced compensation for compulsory acquisition of land by the State Government in May 2020. Of this, only ₹ 12,000 pertains to the current year and the rest pertains to earlier years. The amount chargeable to tax for the AY 2021-22 would be

1. ₹ 12,000

2.₹ 6,000

3. ₹ 3,40,000

4.₹ 1,70,000

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  1. Sarathhasreceivedasum of ₹ 3,40,000 as interest on enhanced compensation for compulsory acquisition of land by the State Government in May 2020. Of this, only ₹ 12,000 pertains to the current year and the rest pertains to earlier years. The amount chargeable to tax for the AY 2021-22 would be
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