Question

From the following informations, compute total income and
net tax liability of Mrs. Rani for the A. Y. 2019-20 :
₹
(i)
Income from House Property (Computed)
95,000
(ii) Interest on Govt. Securities
75,000
1,00,000
(iii) Winning from lottery
(iv) Donation to P. M. National Relief Fund by
cheque
(v) Salary Income (Computed)
50,000
3,00,000​

Answer 1

Explanation:

income and

net tax liability of Mrs. Rani for the A. Y. 2019-20 :

₹

(i)

Income from House Property (Computed)

95,000

(ii) Interest on Govt. Securities

75,000

1,00,000

(iii) Winning from lottery

(iv) Donation to P. M. National Relief Fund by

cheque

(v) Salary Income (Computed)

50,000

3,00,000