Question

Rohan a Consultant, during the financial year 2019-20 earned
Rs 8,00,000. Out of which he received Rs 7,00,000. He incurred an
expense of Rs3,40,000, out of which Rs 80,000 are outstanding.
He also received consultancy fee relating to previous year Rs
90,000 and also paid Rs 40,000 expense of last year. You are
required to
Calculate his income for the year if he follows cash basis
of accounting.​

Answer 1

Answer:

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