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Mr Rajesh submits the following particulars find out incom from other sources 1) Agriculture incom from land situated in Nepal Rs. 76200 2) Interest on foreign securities Rs. 235150(Gross) 3)He won lottery of Rs. 7 lakh of maharashtra government and received amount after tax deducted at sources Rs. 210000. 4)Deposited Rs. 500000 into Bank of India@6.5%p.a.?
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Mr Rajesh submits the following particulars find out incom from other ...
Income from Other Sources of Mr. Rajesh


Agriculture Income


  • Land situated in Nepal

  • Amount: Rs. 76,200



Interest on Foreign Securities


  • Gross amount: Rs. 2,35,150



Lottery Winning


  • Won lottery of Rs. 7 lakh of Maharashtra government

  • Received amount after tax deduction at sources: Rs. 2,10,000



Bank Deposit


  • Deposited Rs. 5,00,000

  • Bank: Bank of India

  • Interest rate: 6.5% p.a.



Total Income from Other Sources: Rs. 5,21,350

Explanation:

Mr. Rajesh has four sources of income from other sources. Firstly, he has agriculture income from land situated in Nepal, which is Rs. 76,200. Secondly, he has earned interest on foreign securities, which is Rs. 2,35,150. Thirdly, he has won a lottery of Rs. 7 lakh from the Maharashtra government, and after tax deduction at sources, he received Rs. 2,10,000. Finally, he deposited Rs. 5,00,000 in Bank of India with an interest rate of 6.5% p.a.

Therefore, the total income from other sources of Mr. Rajesh is Rs. 5,21,350.
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Mr Rajesh submits the following particulars find out incom from other ...
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Mr Rajesh submits the following particulars find out incom from other sources 1) Agriculture incom from land situated in Nepal Rs. 76200 2) Interest on foreign securities Rs. 235150(Gross) 3)He won lottery of Rs. 7 lakh of maharashtra government and received amount after tax deducted at sources Rs. 210000. 4)Deposited Rs. 500000 into Bank of India@6.5%p.a.?
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Mr Rajesh submits the following particulars find out incom from other sources 1) Agriculture incom from land situated in Nepal Rs. 76200 2) Interest on foreign securities Rs. 235150(Gross) 3)He won lottery of Rs. 7 lakh of maharashtra government and received amount after tax deducted at sources Rs. 210000. 4)Deposited Rs. 500000 into Bank of India@6.5%p.a.? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about Mr Rajesh submits the following particulars find out incom from other sources 1) Agriculture incom from land situated in Nepal Rs. 76200 2) Interest on foreign securities Rs. 235150(Gross) 3)He won lottery of Rs. 7 lakh of maharashtra government and received amount after tax deducted at sources Rs. 210000. 4)Deposited Rs. 500000 into Bank of India@6.5%p.a.? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Mr Rajesh submits the following particulars find out incom from other sources 1) Agriculture incom from land situated in Nepal Rs. 76200 2) Interest on foreign securities Rs. 235150(Gross) 3)He won lottery of Rs. 7 lakh of maharashtra government and received amount after tax deducted at sources Rs. 210000. 4)Deposited Rs. 500000 into Bank of India@6.5%p.a.?.
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