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Protected: lamya505

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Active 6 years ago
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  • December 3, 2019 at 5:11 pm #554732
    Avatarlamya505
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    It was ok . Mcqs and OT was fine.
    I had some confusion in calculating the taxable income .
    If the question asks us to find the taxable income for the tax yr 2018-19 ..should we only consider the period from 6 april 18 to 5 april 19 ??
    My qs had self employment income of 14 month upto jun 30 2018 and employment income from 1 aug 2018 to 31 jan 2019 and another self employment income from 28 feb 2019 to 31 may 2019 ..

    December 3, 2019 at 5:06 pm #554725
    Avatarlamya505
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    Sir ,
    If the question ask us to fine the taxable income for tax year 2018-19
    And given self employment income of 14 month upto 30 jun2018 ..then employment income from 1 aug 2019 to 31 jan 2019 and again a new self employment income from 28 feb 2019 to may 2019
    Then how do we compute the taxable income ?
    Is it like considering only the periods from 6 april 18 to 5 april2019 ??

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