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Direct Taxation

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Dhakshana Dhakshana

CFA L2

★ 18K+

01-Dec-22 21:36

457

Answers (1)

Market value 9L - cost of cultivation 4L Agri income= 5 lacs (exempted) Sugar sale 17L - market value 9L - other manuf 6 L PGBP income = 2 lacs (Taxable income) Ans Rs.2,00,000

Ashwin Kumar

CA Inter

★ 735

01-Dec-22 21:47