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  3. 2. during the p.y.2023-24, mr. rohan has rs.80 lak

2. During the P.Y.2023-24, Mr. Rohan has Rs.80 lakhs of short-term capital gains taxable u/s...

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Accounting

2. During the P.Y.2023-24, Mr. Rohan has Rs.80 lakhs of short-term capital gains taxable u/s 111A, Rs.70 lakhs of long-term capital gains taxable u/s 112A and business income of Rs.2.90 crores. Which of the following statements is correct?
(a) Surcharge@25% is leviable on income-tax computed on total income of Rs.4.40 crores
(b) Surcharge@15% is leviable on income-tax computed on total income of Rs.4.40 crore
(c) Surcharge@15% is leviable in respect of income-tax computed on capital gains of Rs.1.50 crore, in respect of business income of Rs.2.90 crores, surcharge is leviable@25% on income-tax
(d) Surcharge@ 15% is leviable in respect of income-tax computed on capital gains of Rs.1.50 crore, in respect of business Income of Rs 2.90 crores, surcharge is leviable 37 on income tax

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