MCQOPTIONS
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| 1. |
When a charitable trust registered under section 12AA paid rent of Rs. 50,000 per month throughout the PY 2018-19 and no tax was deducted at source, the amount of expenditure to be considered for computing the application of income by the trust would be __________ . |
| A. | Rs. 6,00,000 |
| B. | Nil |
| C. | Rs. 3,00,000 |
| D. | Rs. 4,20,000 |
| Answer» E. | |