MCQOPTIONS
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| 1. |
Mr. A has loss from regular business of Rs. 8lakhs and income from speculation business of Rs. 11 lakhs. His total income chargeable to tax would be |
| A. | Rs. 3,00,000 |
| B. | Rs. 11,00,000 |
| C. | Rs. 7,00,000 |
| D. | Rs. 2,50,000 |
| Answer» B. Rs. 11,00,000 | |