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CS Executive · Tax Laws and Practice · Computation of Total Income and Tax Liability of various Entities

Under section 191 of the Income-tax Act, 2025, the method of calculating the tax on the accumulated balance of a recognised provident fund included in total income is found in:

The computation method is found in the provisions of paragraph 9 referred to in section 191. Paragraph 8 of Part A of Schedule XI is the provision whose non-applicability triggers the section, not the method of calculating tax.

  1. AThe provisions of paragraph 9 referred to in the sectionCorrect
  2. BThe general slab rates only, with no special method
  3. CThe rules made by the trustees of the fund
  4. DParagraph 8 of Part A of Schedule XI, which provides exemption

Explanation

Section 191 directs the Assessing Officer to calculate the total of the various sums of tax as per paragraph 9. Paragraph 8 is the provision whose non-applicability triggers the section, so it is not the computation method.

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