Compute Gross Total income and amount of loss allowed to be carried forward to next year:

Compute Gross Total income and amount of loss allowed to be carried forward to next year:
A . Rs. 34,000, Rs. 10,000/­
B . Rs. 40,000/- Rs. 10,000
C . Rs. 40,000/-, Nil
D . Rs. 40,000/- Rs. 10,000

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Answer: C