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Compute the total income

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Question 1 - Following emoluments are received by Ms Sangeeta during the previous year ended on 31.3.2021

Basic salary 250000 Dearness Allowance 10000 Commission 2500 Entertainment allowance 2000 Medical expenses reimbursed 25000 Professional taxes paid 2000(Rs1000 paid by employer) Ms. Sangeeta contributes Rs 2000 towards the Recognized Provident Fund She has no other income. Compute the income from salary for A.Y 2021-22, and give reasons and explanations wherever required, If Ms. Sangeeta is a Government employee.

Question 2 - From the following information, furnished by Ms. Anucampa pertaining to the financial year ended as on 31st march 2021,

Short term capital gains on sale of shares in an Indian company received in Japan 10000 Dividend from a Chinese company received in China 3000

Agricultural income from land in Madhya Pradesh 5000

Dividend from PJV Ltd an Indian Company 4745

Gross Rent from a residential property located at Singapore, later on remitted to the saving account in Bank of Maharashtra, Mumbai using the approved channels 600000

Compute the total income and give reason for considering/ not considering these specific items for the relevant assessment year 2021-22, if she is

a. Resident and ordinary resident

b. Non resident

Reference no: EM133059176

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