banner_ad

Intrest from other sources

463 views 1 replies
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?
Replies (1)

Seems like you are trying to get your homeworks from us :-)


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 02 May 2026
Senior execiutive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details