Question

5
Rs.
8,000
25,000
[2] Mr. Rhythm submits the following particulars of his income and
Compute his gross total income and deal with the carried
loss for the assessment year 2016-17 :
(a) Income from House property (Computed)
(b) Profits and gains from Personal business
(c) Share of profit from an A.O.P. (A.O.P. has
paid the tax at the maximum marginal rate) 10.000
(d) Short term capital gains
8,000
(e) Long term capital gain
17.000
(1) Long term capital loss
24,000
The following items have been brought forward from the A.Y.
2015-16 :
(i) Business Loss
(ii) Loss from House property
5
forward losses.
30,000
10.000​

Answer 1

Answer:

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Step-by-step explanation:

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