Bikram, a resident of Nepal furnished the following particulars of his income for the previous year. a. Assessable income from garment business Rs.…
BBS Taxation in Nepal · 2082 · Solved Question with Answer
Bikram, a resident of Nepal furnished the following particulars of his income for the previous year.
a. Assessable income from garment business Rs. 500,000
b. Assessable loss from trading business Rs. 100,000
He has claimed the following deductions:
Pollution control cost Rs. 225,000
Required: a. Adjusted taxable income and allowable Pollution control cost.