mr.p investment during the year ended 31st march 2020 consisted of the following
(1) 7% government securities
25000
(2) 8% agra municipal bonds 15000
(3) 9% mumbai port trust bonds 20000
(4) 7 year post office national savings certificates 10000
(5) 7% government bonds 18000
(6) 7% national plan certificate 5000
(7) 6% securities of a foreign government 15000
he paid rs. 60 as commision for collecting the taxable intrest on securities and rs. 12000 as intrest on loan which he had taken for the purpose of purchasing the mumbai port trust bonds find out his income form other sources?
Seems like you are trying to get your homeworks from us :-)
CAclubindia
