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Rosa Private School of Values or RSPV is a non - profit private educational institution with an issued permit to operate from the Commission on
Rosa Private School of Values or RSPV is a nonprofit private educational institution with an issued permit to operate from the Commission on Higher Education CHED It is maintained and administered by MCGJ Inc., a private domestic corporation registered under the SEC.
RPSV uses a fiscal year accounting ending July st of each year. On July it recorded total gross receipts amounting to PM of which PM came from educationrelated activities, while PM from other unrelated business activities. Also, RSPV Co recorded cost of service and operating expenses from related activities amounting to PM and PM respectively, and from unrelated business activities amounting to PM and PM respectively. Compute the Income Tax Due of RSPV for the fiscal year ending July
a P
b P
c P
d Exempt
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