Taxation In NepalTU Board 2023
From the following information given below of business income and expenses for the relevant income year. ➢ Gross assessable income from business Rs 700,000 ➢ Total deduction before PCC and R&D Rs…
3From the following information given below of business income and expenses for the relevant income year. ➢ Gross assessable income from business Rs 700,000 ➢ Total deduction before PCC and R&D Rs 200,000 ➢ Previous year unrecovered loss Rs 50,000 ➢ Actual amount of PCC Rs 150,000 ➢ Actual Amount of R&D Cost Rs 100,000 Required: Allowable Pollution Control and Research and Development expenses.
A worked answer is on its wayMeanwhile, read the Taxation In Nepal notes for this topic.
Discussion
Loading…
More Taxation In Nepal questions
Define the term tax under Income Tax Act, 2058.TU Board 20231List out any two final withholding payments.TU Board 20231Write the meaning of Jeopardy assessment of tax.TU Board 20231Briefly describe the provision related to quantification of accommodation facility.TU Board 20231Mr. Baral submitted the following information: ➢ Taxable income from business Rs 300,000 ➢ Gain on sale of share (non listed company) Rs 300,000 Required:…TU Board 20231A businessman supplied the following information: ➢ Adjusted taxable income for the year Rs 1,000,000. ➢ Donation given to public school Rs 200,000 Required:…TU Board 20231