Question

9. Mrs. Rekha submits the following particulars of her income from other sources for the ended 31st March, 2018 : (a) Family pension received from the Government of Karnataka 30,000, (b) Royalty received from the publisher 50,000. She spent * 5,000 on books, stationery, typing etc. during the year. (c) Winning from lotteries (Net) * 56,000. (d) Winnings from horse race (Net) 28,000. (e) Interest on tax-free debentures of Mysore Electric Company (listed) * 7,200. (f) Interest on 10% tax-free bonds of the Govt. of India 10,000. (g) Dividend (Net) * 8,000, received from a foreign company. Nothing has been paid to the Government out of tax deducted at source. Compute income from other sources of Mrs. Rekha for the Assessment Year 2018-19.​

Answer 1

Answer:

She spent * 5,000 on books, stationery, typing etc. during the year. (c) Winning from lotteries (Net) * 56,000. (d) Winnings from horse race ( ...