Q. does anyone have solution of this question-
director's meeting fees received from y ltd. 4000
agricultural income from land situated in india 12000
agricultural incom from nepal 20000
interest-
from bank on fdr (net) 30000
on post office saving a/c 12000
on govt. securities 6500
on PPF 13000
on NSC VIII issue 8000
dividend from A ltd declared on 25 aug 2009
lottery prize received after TDS 27640
rent from subletting of a flat 12000
(rent paid to landlord for the flat is rs. 6000)
raju spent rs. 600 for realizing the rent. he had also spent rs. 10000 for the purchase of lottery tickets and received the prize on one ticket.
calculate raju's income from other sources for the assesment year 2010-11 - from CS executives test paper4/2010
thanks
CAclubindia
