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full male id 2019010000126 please quick solve it 1. Suppose you are A (Female students consider it as female assessee and male students consider it
full male id 2019010000126
please quick solve it
1. Suppose you are A (Female students consider it as female assessee and male students consider it as male assessee), having only one source of income from Agriculture : Sale of Tea. Total income for the Income year 2019-2020 is your ID number (exclude first four e.g., 2019 digits). Some expenses related to agricultural income are: production cost (not properly maintained, maintenance cost of irrigation plant Tk. 7,000, interest on loan taken for personal purpose tk. 6000. He/she has only one investment in life insurance premium of his/her spouse Tk. 120000 (policy value Tk. 100000. Apart from that he/she has Tk.5 crore of net wealth and legal guardian of an autistic child. Compute taxable income, investment allowance and tax liability of A for the assessment year 2020-2021. 8 1. Suppose you are A (Female students consider it as female assessee and male students consider it as male assessee), having only one source of income from Agriculture : Sale of Tea. Total income for the Income year 2019-2020 is your ID number (exclude first four e.g., 2019 digits). Some expenses related to agricultural income are: production cost (not properly maintained, maintenance cost of irrigation plant Tk. 7,000, interest on loan taken for personal purpose tk. 6000. He/she has only one investment in life insurance premium of his/her spouse Tk. 120000 (policy value Tk. 100000. Apart from that he/she has Tk.5 crore of net wealth and legal guardian of an autistic child. Compute taxable income, investment allowance and tax liability of A for the assessment year 2020-2021. 8Step by Step Solution
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