For the year ended 31 st March 2021, Paresh receives a salary of ₹ 2,80,000. Paresh’s contribution to employees’ recognized provident fund account is ₹ 59,000 and a matching contribution has been made by the employer. Taxable income of Paresh will be

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Question:For the year ended 31 st March 2021, Paresh receives a salary of ₹ 2,80,000. Paresh’s contribution to employees’ recognized provident fund account is ₹ 59,000 and a matching contribution has been made by the employer. Taxable income of Paresh will be

1.₹ 1,96,400

2.₹ 2,06,400

3.₹ 3,39,000

4. ₹ 2,80,000

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  1. For the year ended 31 st March 2021, Paresh receives a salary of ₹ 2,80,000. Paresh’s contribution to employees’ recognized provident fund account is ₹ 59,000 and a matching contribution has been made by the employer. Taxable income of Paresh will be
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