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Question 6: Review the mentioned below data and identify the following: Assessable income Allowable deductions The estimated tax on taxable income...
Question 6: Review the mentioned below data and identify the following:
- Assessable income
- Allowable deductions
- The estimated tax on taxable income
- Income year: 2015-2016
- Total income: 83000
- Deductions: 13000
- Taxable Income: 70000
- Residency status: Non-resident for full yearÂ