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During the PY 2009-10 a Kariwala 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:

During the PY 2009-10 a Kariwala 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:
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 4,30,000

Answer: C

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