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Compute the Tax payable of M/s Alpha Pvt Ltd on the basis of following information: (Note: - Tax Rate is 29% on corporate entities.) Accounting

Compute the Tax payable of M/s Alpha Pvt Ltd on the basis of following information: (Note: - Tax Rate is 29% on corporate entities.)

Accounting Profit2,000,000/-

Accounting depreciation (including assets under Leasing)275,000/-

Head office expenses225,000/-

Computer software cost-Capitalized in accounts100,000/-

Finance charges on assets taken on Lease75,000/-

Lease Rental130,000/-

Interest paid to other Branches Abroad15,000/-

Require:-

Compute Tax Liability of M/s Alpha Pvt Ltd?

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