Compute the total income of Mr. Naidu from the particulars given below for the previous years 2019-
Fantastic news! We've Found the answer you've been seeking!
Question:
Compute the total income of Mr. Naidu from the particulars given below for the previous years 2019- 20 and 2020-21:
Particulars | Previous year 2019-20 (in INR) | Previous year 2020-21 (in INR) | |
House Property | |||
Self-occupied house: | |||
Interest on loan | 5,000 | 5,000 | |
Let out house: | |||
Loss due to interest and other expenses | 36,000 | NIL | |
Income from other sources | (+) 11,000 | (+) 11,000 |
Related Book For
Statistics Informed Decisions Using Data
ISBN: 9780134133539
5th Edition
Authors: Michael Sullivan III
Posted Date: