Income from household property: person 03
Assessee: Mr. Abedin
Income Year: 2012-13
Assessment Year: 2013-14
Income from House Property
Tk
Tk
Annual Value:
Rent Received (10,000 × 6 × 12)
720,000
Add: Owner’s exp. paid by tenant
10,000
730,000
Less: Tenant's exp. paid by owner
30,000
Actual rental value
700,000
Municipal value (9,60,000 × 6 ÷ 8)
720,000
Annual value (higher one)
720,000
Advance Received
100,000
820,000
Less: Admissible expenses:
Repair & maintenance (720,000 × 25%)
180,000
City corporation tax (22,000 × 6 ÷ 8)
15,500
Insurance Premium (16,000 × 6 ÷ 8)
12,000
Land revenue Paid (2,000 × 6 ÷ 8)
1,500
Mortgage interest paid (4,000 × 6 ÷ 8)
3,000
Uncollectible rent [(720,000 ÷ 6) × 1/12]
10,000
Vacancy all. [(720,000 ÷ 6) × 2/12]
20,000
Refund of advance
40,000
Total
283,000
537,000
Income from business or profession: person 04
Income from business or profession: person 04
Assessee: Mr. Hamid
Income Year: 2021-2022
Assessment Year: 2022 -2023
Calculation Of Taxable Income
Tk.
Tk.
Income from Interest on securities (Section 22, 23)
Interest on 10% tax-free govt securities
10,000
Less: fully exempted
(10,000)
interest on less tax govt. securities
10,000
Less: allowable expense
(450)
Less: Interest on loan
(3000)
interest on approved commercial securities
14400
Less: allowable expenses
(720)
Less: interest on loan
(7200)
Interest on unapproved commercial securities
11,000
Less: allowable expenses
(550)
Income from zero coupon bond
15000
Less: fully exempted
(15000)
Taxable income
6550
6480
10450
23480