Question

2) A company Pvt. Ltd. furnish the following information:
Page 2 of 3
October 3
2020
The American college, Madurai
department of commerce (It)
Course title: BUSINESS TAXATIONI
Course code: PCO 5423
Course teacher: MR.A.SAMUEL RAJ
Interest on securities (computed)
15,000
Income from House Property (computed)
20,000
Textile Manufacturing:
.
Profit as per statement of P & L Alc before depreciation 2,00,000
Depreciation
95,000
.
Hosiery Manufacturing:
Profit as per statement of P & L A/c before depreciation 75,000
• Depreciation
18,000
• Agency business loss blf from 2018-19
15,000
Income from other sources
25,000
Book Profit uls 115 JB
7,00,000
Compute the total income and tax liability under MAT for the assessment
SA
year 2020-2021.​

Answer 1

Answer:

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Answer 2

Answer:

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