Question

Q. No. 9
From the following information compute the income from other sources for the assessment year 2020-21:
12,000
( Card games loss
(i) From the activity of owning and maintaining horses for race purposes
40,000
(a) Loss at Bombay
20,000
(b) Profit at Bangalore
6,000
(in) Dividend (Gross) from Indian Companies
(iv) Betting in horse races
4,000
noordomos loss can't be set off, loss of 20,000 from maintenance​

Answer 1

Answer:

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