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Comprehensive assignment to fill out an individuals tax file for 2020-2021 as an assessor: Mrs. Laboni, an assesse having TIN 12345678911 born in the year 1980 received, during the income year 2017-18. Basic Salary Tk.30,000,000, Entertainment allowance Tk.6,000, Traveling allowance saved Tk. 20,000, free car and house. 10% contributed to the recognized provident fund which is matched by employer. Income from House property: Mrs Laboni has a two storied building at Motijheel C/A. be had started construction of the house on 1st July, 2015 and completed the construction on 30th June, 2019. After the Construction, she rented to AB BanK @ 500,000 per month. Four other houses owned by Laboni: First Building: It has been let out at a monthly rent of Tk.9,000. According to terms of agreement, owner is to bear cost of gas bill and water charge which for the year amounted to Tk.1000 and Tk.2000 respectively. 1/3 of the building was used by the owner for his business. The house was vacant tor 2 months. b. Second Building: It has been let out at Tk. 3,000 per month. As per agreement, the tenant is to pay half of the municipal tax amounting to Tk.1,000. c. Third Building: Half of the building is used by the owner and the rest half of the building has been let out at Tk.5,000 per month. It has been erected with a loan taken from HBFC and the annual interest on loan Tk. 2,000 is paid regularly. Insurance Premiums of the house is Tk 1,000 a year. d. Fourth Building: It is let out at Tk.500 per month. As per agreement the tenant bears the cost of repairs which amounted to Tk.2,000 for the year. The house was vacant for two months. During the year Laboni also earned from the following sources 1. Interest on Securities Tk. 26,000.00 2. Received Rent from his commercial property Tk. 5.68,000.00 but also received 200,000 taka advance 3. Earned from tea garden 1,000,000 taka and leased land taka 100,000 4. Tk.88,000.00 from a business owned by Laboni S. Tk. 78,000.00 from Bank Interest 6. Tk. 200,000.00 as share of Income from a firm where she is a Partner 7. Tk. 28,000.00 from a Property owned in the name of son, student of NSU. 8. 50,000 USD, (1 USD =78 taka) which she deposited in his RFCD account Durin the year, Tania,Amir made the following investments Purchased Sanchaypatra Tk. 2120,000.00 2. Shares in M/S NZ Limited( Listed with DSE Tk. 11,335,000.00 3. Agricultural Property Tk. 5,75,000.00 4. Shares in NM Limited Tk. 280,000.00 where Laboni is one of the members of the Board of Directors. 5. Paid installments of DPS Tk. 55,000.00 / 6. Purchased books of historical interest Tk. 18,000.00 Treasury Bonds Tk. 11,000.00 8. Paid Life insurance Premium Tk. 9,000.00 9. Purchased house hold Furniture Tk. 45,000.00 10. Purchased laptop Tk. 188,000.00 11. Deposited Tk. 125,000.00 to Zakat Fund Labonis asset: 1. Residential Plot of Tk. 1050,000.00 2. Residential building Tk. 75,00,000.00 3. Sanchay patra Tk. 900,000.00 4. Motor Vehicle Tk. 755,000.00 5. Diamond Ring Tk. 99,000.00 6. Rocking chair TK. 5,000.OF 7. Electronic Goods Tk. 5,600.00 During the year Laboni incurred the following expenses 1. Living Expenses Tk. 78,000.00 2. Wasa Bill Tk. 82,800.00 3. Electricity Bill Tk. 1,600.00 4. Service Charge for Accommodation Tk. 2,800.00 5. Support Staff Salary Tk 38,000.00 6. Transportation Expenses Tk. 6,000.00 7. Treatment Expenses Tk. 5,600.00 8. Education expenses of Children Tk. 7,800.00 9. Festival Expenses Tk. 12,000.00 10. Paid installments of Personal Loan Tk. 2,600.00 11. Tour Expenses Tk. 7,000.00

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