Class Assignment cde eso: 103.24, Same VI Program: B.Com © Subjects Corporate Tox Planing Q Samvrav ia engaged im the business OF RAINY ee caoney «On prt '20 1 be has @ hang goes ® ® @ ax gow R40 Woe 9 & gadustvial Pints e 20 tens eact) and 4 vebicles of onladen weight go\d orhes goods vehicle + On and May 2020, Pe $ the heave eer vehicle” a4 porenaped a On ch may BOBO + This vgnt be por to vse only OD Bc-44 AE one Lig th* ev Vehicle Could however mew vebicle Caicolare Total Tacomne per & grr Jone 220° Us} agp on ls APL 2OLO ae wov & Plant & Machine 8 x jo th we VO is = 19,00,000 * Plank “Mo Vacqyired on coo | and pes yo Use on abe same cate ip awa in business of momen ssesgee Comm pore Depreciatoo he year and wdy \sx April 2021 + Cary = 2021-92) ap om 3 Gross Vets! Tncome doring She previovs oe of belove ip ap below , compore Whew fax Vis “a Under Trdividvsl aad M4 tae vegime (RY 2d8~ 21) + Nes sax xg Raye Gye Fy = Shyameala as aye = & 3ages00 Boman bel Ge ae > ~ & jirestD R\ssSooo M, ie . Nessing Msaged in whe business of buyin ehiviaa 2 veriend a camry e+ He owned © heavy A - uy oes deeds cay man a welght of [boon Kas” ant Sele dixinke the vious a wo as. what wit be : bis taxable Incorne ag Per ection 44 AE Page oOS ABC Ld, a manu Joitoning porkee lara Opening WV Ff Plant & one 4s, 00,00 a (as on Ist Apr '2e) cri concern, foenishes he — New Plant & machine porchasecl QS, $0, 000 ' and pot to vse on” 8th Tone 20 News Plant & macrinen| acwpiced and 9,40 1000 ' Rot to use on Ist Dec 20 ‘ coo & jmstaed 19 ommice 4,204 Area LapreR CUES WO oma Feb! At oon, Additonal Defreciahon and Depreciation + Carcvlate , fe AY goa 22 WDV a Raye > : ha, cB erayged in power generation business - SP - Renin A Boek of = So,00, 00 (Is 7 depreciate) * i. wrachinems ig acqpirecl fos % Qs)00,000 07 © Nov. QORO > Bhe also ismported a new machine ™ Australia for Z lo larhp on Wt April e207 | Machine tas used Ibere carter, howeves ghe 'F the iret user im India» ane atso bought Competes for production porpose, pr & SeesrD om a ear Calevtate Depreciaken , Additonal Deprecianon ome wov for By oR -al + ® Caculate the available exemption of HRA to Mr. Rajiv who is residing in Noida and his place of work is New Delhi. Basic Pay: Rs. 40,000/- per month Dearness Allowance: Rs.7,000/- per month Entertainment Allowance: Rs. 3,500/- per month House Rent Allowance received: Rs. 12,000/- per month Rent per Month: Rs. 14,000 Pisseme AY 20a1-32- hae ®