Q. Mr X had income from salary of 200000. Income from Capital Gain of
150000 and income from other sources is 250000. Contribution to PF
is *40000, PPF 70000, and LIC is 40000. Calculate Income Tax Liability of mr x
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Step-by-step explanation:
The Income Tax Liability of Mr. X cannot be calculated based on the information provided. The liability depends on various factors such as the financial year, the taxable income after deductions and exemptions, and the tax slab applicable to the taxable income. To calculate the exact Income Tax Liability, more information is required such as the financial year, the taxable income, and the tax slab applicable to the taxable income.