From the particulars given below, compute the total income of Mr. Raghav Sharma for the assessment year 2019-20. (a) Income from p

Question

From the particulars given below, compute the total income of Mr.
Raghav Sharma for the assessment year 2019-20.
(a) Income from profession
92.500
(b) Income of minor son (singing in his profession)
15000
(c) Winnings from lotteries: Ticket purchased on the name of his minor daughter 8500
(d) Mr. Raghav’s father gifted debentures in an Indian Company to
Mr. Raghav’s minor son and company paid gross interest.
7500
(e) Mr. Raghav’s wife is a government employee and her income computed
under the head salaries
62000
27000
() Interest on debentures purchased by Mr. Raghav but gifted to Mrs. Raghav​

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1 month 2021-10-26T10:44:16+00:00 2 Answers 0 views 0

Answers ( )

    0
    2021-10-26T10:45:25+00:00

    Answer:

    2,12,500

    my ans is in the way I got question

    0
    2021-10-26T10:46:03+00:00

    Step-by-step explanation:

    From the particulars given below compute the total income of Mr. Raman for the A.Y : 2018-19. (i) (ii) (iii) (iv) (v) Income from profession Rs. 86,500. Income of Minor Son (Singing is his profession) Rs. 12,000. Winning from Lottery (ticket purchased on the name of the Mr. Raman’s Minor daughter) Rs. 6,800. Mr. Raman’s father gifted debentures in an Indian company to Mr. Raman’s minor son and company paid gross interest Rs. 6,650. Interest on debentures purchased by Mr. Raman but gifted to Mrs. Raman Rs. 18,000.

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