Compute the income under the head PGBP stating reasons for treatment of each item Net profit as per profit and loss account is Rs 90 00 000 Following items were debited to the profit and loss account Donation paid to Swachh Bharat Kosh is Rs 1 00 000 Contribution to political party is Rs 2 00 000 Bonus paid to employees after the due date of filing of return is Rs 2 00 000 Audit fees paid to the auditors Rs 1 00 000 without deducting TDS Professional fees paid to a lawyer Rs 10 000 without deducting TDS Following items were credited to the profit and loss account Rent received from vacant land is Rs 1 20 000 Rent received from commercial property is Rs 2 50 000 Interest received on income tax refund is Rs 1 00 000 Profit on sale of unused land is Rs 10 00 000