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If a taxpayer has a salary of ₹6,00,000 and earns ₹2,00,000 from other sources,

Practice Questions

Q1
If a taxpayer has a salary of ₹6,00,000 and earns ₹2,00,000 from other sources, what is their gross total income?
  1. ₹6,00,000
  2. ₹8,00,000
  3. ₹7,00,000
  4. ₹5,00,000

Questions & Step-by-Step Solutions

If a taxpayer has a salary of ₹6,00,000 and earns ₹2,00,000 from other sources, what is their gross total income?
  • Step 1: Identify the salary income, which is ₹6,00,000.
  • Step 2: Identify the income from other sources, which is ₹2,00,000.
  • Step 3: Add the salary income and the income from other sources together: ₹6,00,000 + ₹2,00,000.
  • Step 4: Calculate the total: ₹8,00,000.
  • Step 5: The result is the gross total income, which is ₹8,00,000.
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