Tisha owned house property in the Dhanmondi area, Bangladesh, which was let out to a company with
Question:
Tisha owned house property in the Dhanmondi area, Bangladesh, which was let out to a company with a monthly rent of Tk. 90,000. The annual value of the apartment assessed by the city corporation was Tk. 7,00,000. She expensed Tk. 1,65,000 as repair and maintenance for the apartment and paid Interest Tk. 5,75,000 against a home loan to buy the condo. The Tenant deducted Tax at source from the rent at the applicable rate. She paid quarterly municipal tax Tk. 3,000
Ms. Sadia contributed Tk. 1,02,000 to provident fund.
She paid Life insurance premium Tk. 46,000.
She purchased shares of listed company Tk. 2,10,000.
Based on the information, calculate the following
total income from house -
total income -
Total tax before rebate -
Rebate -
TDS -
Total tax payable -
Expert Answer:
total income from house Total income from the house is Tk 700000 The total income from the house is Tk 700000 This is calculated by taking the annual ... View the full answer
