Easy Office
LCI Learning

TOTAL INCOME

This query is : Resolved 

27 March 2011 CAN U TELL ME THE TOTAL INCOME FROM THE FOLLOWING DETAILS:
INCOME FROM SALARY 1,00,000
BUSINESS PROFESSION(BEFORE DEP) 16,000
DEPRECIATION 1,34,000
INCOME FROM OTHER SOURCES 10,000

28 March 2011 In my view it will be Rs 100000 and you can carry forward dep of Rs 108000. Dep can not be set off aginst salary income

20 April 2011 Total Taxable Income will be Rs. 110000/-. Unabsorbed depreciation to be carried forward will be Rs. 118000/-




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries




Answer Query