Tax law
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
03 February 2012
Mr. Madhur submits the following information for previous year 2011-12 relevant to the assessment year 2012-13
1. Profit from Business A situated in Delhi: 2,50,000
2. Profit from Business A situated in Bombay: 80,000
3. Loss from Business C carried in New York(business control in india but profits are not receivedin India): 40000
4. unabsorbed depreciation of business C:35000
5. Income from house property situated at India:15000
6. Income from house property situated at London (Rent received in London):20000
Find out the Gross Total Income of Madhur for the Assessment Year 2012-13.
1. Profit from Business A situated in Delhi: 2,50,000
2. Profit from Business A situated in Bombay: 80,000
3. Loss from Business C carried in New York(business control in india but profits are not receivedin India): 40000
4. unabsorbed depreciation of business C:35000
5. Income from house property situated at India:15000
6. Income from house property situated at London (Rent received in London):20000
Find out the Gross Total Income of Madhur for the Assessment Year 2012-13.
22 May 2012
Total income is Rs. 2,90,000
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