10-7. Dr. Mahmudul Hasan is a renowned medical practitioner who gives the following receipts and payments account for the year ending on 30^th June 2019.

Receipt and Payment A/c

For the year ended on 30^th June,2019

receipts	tk	payments	tk
Balance B/D	75,000	Rent to clinic	15,000
Consulting fees from patients	45,000	Purchase of professional books	20,000
Visiting fees	20,000	Purchase of medicine	15,000
Sala of medicines	90,000	Purchase of motor car	75,000
Gifts and presents from clients	10,000	Income tax	3,000
Interest from post office savings	12,000	Purchase of surgical equipment	15,000
Winning from lottery	150,000	Gift to wife	5,000
Dividends	10,000	Purchase of land	500,000
Salary income from Dhaka Medical college	500,000	Balance c/d	264,000
	912,000		912,000

Additional information:

1. One- third portion of the car is used for personal purpose
2. Date of purchase: professional book & surgical equipments on 1^st july, 2015 and car on 1^st January, 2015,
3. Depreciation is to be charged as

1. books @ 30%
2. car @ 20%, and
3. surgical equipments @ 20% as per para 3 of Third Schedule;

4. closing stock of medicine tk. 4,000.

Required:

Calculate Dr. Mahmudul Hasans income from profession for the year ending on 30^th june,2019.