Question 2: Compute the total income and tax liability of Harish for the A.Y.2019-20 from the following particulars: Particulars (1) Income from house property (computed) 3,15,000 (2) Income from textile business before adjusting the following: 1,20,000 (a) Business loss brought forward 80,000 (b) Current depreciation 40,000 (c) Unabsorbed depreciation brought forward 1,20,000 (3) Short-term capital gains on sale of land 1,25,000 (4) 1 ong-term capital loss on sale of shares sold through a recognised stock exchange (securities transaction tax paid) 25,000 (5) Long term capital gain on sale debentures 50,000 (6) Dividend on shares held as stock-in-trade 5,000 (7) Dividend from a company carrying on agricultural operation 7,000 (8) Income from growing and manufacturing coffee (cured and roasted) 80,000 During the previous year 2018-19, Harish has donated 50,000 to an approved Local Authority for promotion of family planning and repaid 190,000 towards principal portion of housing loan