Q. Mr. A has loss from regular business of Rs. 8lakhs and income from speculation businessof Rs. 11 lakhs. His total income chargeable to tax would be (Solved)

1. Rs. 3,00,000

2. Rs. 11,00,000

3. Rs. 7,00,000

4. Rs. 2,50,000

  • a. Rs. 3,00,000
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