Balu paid ₹ 1,00,000 to Raj for the purchase of a standing crop (paddy). He harvested the produce, Le. paddy by incurring an expenditure of ₹ 25,000. He sold the said paddy for ₹ 1,80,000 to a trader. His other income for the year ended 31 st March 2021 was ₹ 4,60,000. The total income of Balu is

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Question:
Balu paid ₹ 1,00,000 to Raj for the purchase of a standing crop (paddy). He harvested the produce, Le. paddy by incurring an expenditure of ₹ 25,000. He sold the said paddy for ₹ 1,80,000 to a trader. His other income for the year ended 31 st March 2021 was ₹ 4,60,000.
The total income of Balu is

1. ₹ 6,40,000

2. ₹ 5,15,000

3. ₹ 4,85,000

4.₹ 5,60,000

Posted Date:-2022-08-28 04:18:48


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