Ms Zainab is a Bangladeshi citizen lives in Rajshahi. She also travels overseas for her business purposes. Based on the following information calculate her income tax liability for the current assessment year: In the current income year, she stayed in Bangladesh for 260 days She had income from fashion houses which are located in US and AUS TIC 20 lacs She has income from local RMG factory at Savar TK 10 lacs Her other income Income from property TK 20lacs Income from capital gain disposing machineries at Savar which was bought in 2013 TK 5 lac Besides she has made actual allowable investment of TK 5 lacs in this income year. Her niet wealth at the end on the year s TE 15 Crore. She had paid advance tax of TK 25, 000, Tax deducted at source TK 5.000 and Tax refund claim TK 7,000

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What is the amount of total income of Ms Zainab TIC 20 lacs Income from property TK 20lacs Income from capital gain disposing machineries at Savar whi... View the full answer