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- December 29, 2020 at 11:23 am #601108
I need help with this question
Q-2 Mr. Ishfaq Ahmad has a plaza situated in Peshawar. During the tax year 2020 he provides the following information
1- Rent receivable from the plaza Rs. 27,945,000/-
2- Property repair expenses Rs. 3,325,000/-
3- Lawyer fee to defend the title of the property Rs. 500,000/-
4- Insurance premium of the property Rs. 1,600,500/-
5- Property Tax Paid Rs. 3,422,000/-
6- Collection Charges Rs. 3,600,000/-
7- Advance not adjustable against rent Rs. 1,000,000/-
Calculate the total income and the tax payable by the Mr. Ishfaq Ahmad for the tax year 2020 - AuthorPosts
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