Accountancy, asked by manashkumar450, 10 months ago

Mr. Ishank is employed with the central government with effect from 10th August 2013. His details of income and investments for the previous year 2018-19 are as follows: Rs. Income from salary 12,60,000 (Rs. 1,05,000 per month) Loss from House Property 15,000 Income from other sources 1,10,000 He deposits Rs. 60,000 in public provident fund and pays Rs. 30,000 as tuition fees of his younger sister studying in a school in Delhi. He also contributes Rs. 20,000 towards ICICI's Retirement Benefit Fund. He donated Rs. 15,000 (Rs. 5000 in cash and rest via online net-banking transfer) towards PM Cares Fund. He donated Rs. 2000 in cash to one of local NGOs, (not registered under section 12AA). He contributes 15% of his salary towards notified pension fund of central government. His employer also contributes the equal amount to his pension fund. 12 years old daughter of Mr. Ishank earned Rs. 30,000 (eligible u/s 64(1A)). Wife of Mr. Ishank is a housewife and she earned Rs. 2,00,000 by some handcraft work. Compute total taxable income of Mr. Ishank for the assessment year 2019-20.

Answers

Answered by lalneel2009
0

Answer:

Summary

• There's nobody on the house-tops now -

Just a palsied few at the windows set;

• For the best of the sight is, all allow,

• At the Shambles' Gate or, better yet,

By the very scaffold's foot, I trow.

Hence, now the speaker shows the difference in the attitude of

the countrymen towards him after a year. He tells that now there

is no one on the roofs of the houses along the road to welcome

him. However, he can see a few people sitting beside the windows

of the houses, they are actually diseased and weak. So, they are

not there for the speaker. Rather, the speaker even ironically says

now all the people have gathered near the Shambles' Gate,

Actually, the speaker is being taken to the Shambles' Gate for

executing him. So, all the citizens, who once welcomed him as a

patriot, now wait by the scaffold the see the speaker's execution.

Explanation:

Summary

• There's nobody on the house-tops now -

Just a palsied few at the windows set;

• For the best of the sight is, all allow,

• At the Shambles' Gate or, better yet,

By the very scaffold's foot, I trow.

Hence, now the speaker shows the difference in the attitude of

the countrymen towards him after a year. He tells that now there

is no one on the roofs of the houses along the road to welcome

him. However, he can see a few people sitting beside the windows

of the houses, they are actually diseased and weak. So, they are

not there for the speaker. Rather, the speaker even ironically says

now all the people have gathered near the Shambles' Gate,

Actually, the speaker is being taken to the Shambles' Gate for

executing him. So, all the citizens, who once welcomed him as a

patriot, now wait by the scaffold the see the speaker's execution.

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