Mr. Santhanam is employed in Gama Ltd. He opted for transfer of funds from superannuation fund to National Pension Systems Trust referred to in section 80CCD and accordingly ?5 lakhs were transferred from approved superannuation fund to an account held with National Pension Systems Trust. His salary income (excluding the said transfer) amounts to ?9,40,000 (computed). His total income after considering the transfer would be

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Mr. Santhanam is employed in Gama Ltd. He opted for transfer of funds from superannuation fund to National Pension Systems Trust referred to in section 80CCD and accordingly ?5 lakhs were transferred from approved superannuation fund to an account held with National Pension Systems Trust. His salary income (excluding the said transfer) amounts to ?9,40,000 (computed). His total income after considering the transfer would be