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Q#3 Calculate income from property of a company from the following data: Rent received Oken money received as forfeited deposit Repair of property 600,000 100,000 10,000 ee paid to legal advisor relating to prope 12,000 atters Fee paid to legal advisor relating 15,000 roperty matters roperty tax paid by tenant ater charges Rent collection charges Insurance premium Interest on loan paid to HBFC Irrecoverable rent of previous year (The rent was charged to tax in the previous year) 8,000 5,000 o,ooo 15,000 6,000 15000