Calculate Tax Payable/Tax Refund in given situation
(i) Gross tax liability for 2021-2022 amount to Rs 4,30,500 and no effect for the same has so far been given in accounts and profit before tax for 2021-2022 Rs. 18,50,000.
(ii) Advance tax paid during 2020-2021 for AY 2021-2022 is Rs 5,20,000-
(iii) Provision for income- tax has to be made for 2021-2022 for Rs.5,10,500

A. Tax payable Rs. 89,500
B. Tax payable Rs. 80,000
C. Tax refund Rs. 89,500
D. Tax refund Rs. 80,000