Calculate sales Tax Liability of Mr Saad for the year 2020, he is also a filer. Basic
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Calculate sales Tax Liability of Mr Saad for the year 2020, he is also a filer.
Basic Salary | 29022 x 85 |
Income from Business | 29022 x 75 |
Gain on Sale of Immovable Property (Purchased on July 15) | 85,000 |
Gain on sale of Pvt Co Shares (Holding Period 13 months) | 26,000 |
Capital Loss | 12,000 |
Gain on Sale of Public Co Shares (Purchased on Dec 2016) | 98,000 |
Gain on Sale of Plot (Sale after 03 Years) | 1,500,000 |
Gain on Sale of Building (Sale after 04 Years) | 4,500,000 |
Related Book For
Financial and Managerial Accounting
ISBN: 978-0538480895
11th Edition
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
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