Question

Dr. Choudhari has prepared his Income & Expenditure Account for the year ending an 31st March
2019 as under
Expenditure
Income
Salary to employees
7.800 Consultation fee
35,000
Dispensary expenses
Visiting fee
7.900
Household expenses
Testing lee
1,700
Laboratory expenses
3,900 Salary-received
pirt-time
4.800
lecturer
Donation
2.400 Gills from parents
1.200
Depreciation
2.000 Interest onsecurities
800
Life insurance premium
1.700
Surplus
2,2 300
53,100
53.100
Depreciation allowable is Rs 1.400 Find taxable profits of his profession for the AY 2019-20​

Answer 1

Answer:

Salary to employees

7.800 Consultation fee

35,000

Dispensary expenses

Visiting fee

7.900

Household expenses

Testing lee

1,700

Laboratory expenses

3,900 Salary-received

pirt-time

4.800

lecturer

Donation

2.400 Gills from parents

1.200

Depreciation

2.000 Interest onsecurities

800

Life insurance premium

Explanation:

i hope it is right