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AAFM Chartered Wealth Manager (CWM) Global Examination GLO_CWM_LVL_1 Question # 35 Topic 4 Discussion

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AAFM Chartered Wealth Manager (CWM) Global Examination GLO_CWM_LVL_1 Question # 35 Topic 4 Discussion

GLO_CWM_LVL_1 Exam Topic 4 Question 35 Discussion:
Question #: 35
Topic #: 4

"During the PY 2009-10 a Poonawala Charitable Trust earned an income of Rs. 7 lakh out of which Rs.5 lakh was received during the PY 2009-10 and the balance Rs. 2 lakh was received during the PY 2011-2012.In order to claim full exemption of Rs. 7 lakh in the PY 2009-10:

GLO_CWM_LVL_1 Question 35

A.

Rs 1.05 lakh and Rs 4.95 lakh

B.

Rs 70,000 and Rs 3.95 lakh

C.

Rs 1.05 lakh and Rs 3.95 lakh

D.

Rs 70,000 and Rs 4.30 lakh

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Actual exam question for AAFM GLO_CWM_LVL_1 exam by Kai2142 at Nov 10, 2025, 3:53:52 PM

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