9. From the following informations of income of Mrs. Sethi, who is 70 years old and is disabled, compute the total income and tax liability for the assessment year 2017-18: (i) Income from House Property (Computed) (ii) Income from Business or Profession (iii) Short-term Capital Gain 2,60,000 2,25,000 30,000 (iv) Long-term Capital Loss in respect of Assets (v) Bank Interest on Fixed Deposit received 15,000 99,000 (vi) Interest on Post Office Saving Account 6,800 [Ans.: Total Income 5,50,000; Net Tax Liability 19,900.] Note: Long-term capital loss can only be set-off against long-term capital gains