21. (a) State the deductibility of the following expenses while computing the business income: (i) Advertising expense incurred for promoting the product manufactured in newspaper published by a political party; (ii) Unabsorbed depreciation; (iii) Income tax; (iv) Compensation to retrenched employee. (v) Interest on capital; (vi) Subscription to Trade Association. (b) Mr. Gomes owns the following Plant & Machineries as on 1-4-19 (rate of depreciation 15%): WDV of Plant & Machineries (consists of Plant-1 and Plant-2] as on 1-4-19 1,70,000. He purchased Plant-3 on 1-12-19 for 80,000 (rate of depreciation 15%). Plant-1 sold (purchased on 1-4-17 for 1,00,000) for 90,000. Compute WDV of Plant & Machineries as on 1-4-20 and depreciation allowance for the PY 2019-20. [6+4] 22. Mr. Das is the owner of two houses, the particulars of which for the year ended 31st March 2020 are given below: House-1 House-2 Construction completed on 31-5-17 31-8-16 How used Let-out Self-resident Municipal Value (E) 80,000 1,00,000 Standard Rent () 70,000 90,000 Fair Rent) 90,000 80,000 Annual Rent (5) 96,000 Nil Municipal Tax 10% 10% Fire insurance premium paid ) 1,000 500 Interest on Loan (E) 10,000 35,000 Other information: (i) Municipal tax in respect of House-1 paid by the tenant. (ii) 50% of the loan in respect of House-1 utilized for interior decoration and entire loan in respect of House-2 is taken for repair. Compute his income from house property for the AY 2020-21