12 October 2019
Compute tax liability: 1. Director remuneration in a company having only Agriculture income ₹ 1500000. 2. Salary received as a partner from a firm manufacturing tea₹ 360000 ( Lease rent received from Lands given to tenants for agriculture operations) In cash 30000 In kind. 18000 Sale of Agriculture produce. 60000 Payment of government tax 16000 on Agriculture lands. Purchase of seeds - in cash. 21000 Tractor hire charges 2500 ( for Agricultural operations)
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