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*250 p.m. Compute his taxable income for the assessment Ans.: 75,100. [See Problem No. 8.4 of Practical Approach to Income Tax year 2021-22. 5.
*250 p.m. Compute his taxable income for the assessment Ans.: 75,100. [See Problem No. 8.4 of Practical Approach to Income Tax year 2021-22. 5. From the following particulars submitted by R, compute his income from other sources for the assessment 3,000 Director's meeting fees received from Y Ltd. 10,000 Agricultural income from land situated in India Agricultural income from Nepal Interest: (a) from bank on FDR (Net) (b) on post office saving account (c) on Government securities (d) on Public Provident Fund a/c 15,000 43,200 600 1,200 4,000 (e) on National Savings Certificate VIII issue 3,000 Dividend from A Limited declared on 25.8.2020 8,000 Lottery prize received after T.D.S. 28,000 Rent from sub-letting of a flat 12,000 (rent paid to landlord for the flat is 6,000)
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