These are TAXATION Questions. Country is PAKISTAN.PLZ DO IT ACCORDING TO PAKISTAN'S TAX RATE

please do not copy paste and do it on your own with proper calculations.

Question 2 - Income Tax on Multiple Sources of Inccome (8 Marks) Mr. Bakhtawar, a Individual Person, has following information for the Tax Year 2020. . . . . His Annual Tax Certificate from Employer shows, Annual Gross Salaried Income of Rs. 1450,000. His employer has deducted WHT under Section 149 (Salary of Employee) Rs. 97200. His Mobile Tax Certificate shows WHT under Section 236 (Prepaid Telephone Card) Rs. 2355. He received share of Profit from Investment in a Business Rs. 750,000. He received Rent from Property as follow: Shop Rent of 20,000 per month (Shop was rented for 11 Month Only) Rent from Owned Flat Rs. 18,000 permonth (Flat was rent for full year) The details of his Personal Assets as follow: Balances June 30, 2019 June 30, 2020 Cash at Hand 150,000 180,000 . O Bank Account (Salaried) 421,000 659,000 Bank Account (Saving) 850,000 1265,000 1255,000 Investment Securities (Saving Certificates and Prize Bonds) 1550,000 Investment in Business 4,000,000 4,000,000 Property (Residential) 4,200,000 4,200,000 Property (Shop Rented) 3,500,000 3,500,000 Property (Flat Rented) 2,800,000 2,800,000 Calculate: . . Total Income subject to Normal Income Tax (1 Mark) (Note: exclude from Income from Property as this is subject to Fixed/Final Tax) Tax Chargeable (2 Marks) Normal Income Tax (on Income from Salary + Business) (1 Mark) Fixed Income Tax (on Income from Property) (1 Mark) Admitted Income Tax (Remaining Tax Liability) (1 Mark) Total Inflow during the Tax Year 2020 (Reconciliation of Net Assets) (1 Mark) His estimated Personal Expenses (Reconciliation of Net Personal Assets) (1 Mark) . . . Question 1 - Income Tax on Salaried Person (4 Marks Mr. Asif, a Salaried Individual, has following information for the Tax Year 2020. . His Annual Tax Certificate from Employer shows, Annual Gross Salaried Income of Rs. 950,000 His employer has deducted WHT under Section 149 (Salary of Employee) Rs. 17200. His Mobile Tax Certificate shows WHT under Section 236 (Prepaid Telephone Card) Rs. 889. He received share of Profit from Investment in a Business Rs. 150,000. The details of his Personal Assets as follow: Balances June 30, 2019 June 30, 2020 . Cash at Hand 50,000 50,000 Bank Account (Salaried) 121,000 159,000 Bank Account (Saving) 150,000 265,000 Prize Bond 255,000 255,000 Investment in Business 2,000,000 2,000,000 Property (Residential) 3,200,000 3,200,000 Calculate: Total Income Tax Chargeable (Annual Income Tax) Admitted Income Tax (Remaining Tax Liability) His estimated Personal Expenses (Reconciliation of Personal Assets)