In the given case, Mr. B and his wife M have their two children plus Mr. B’s child from his first wife. They have their income for the year and want to bifurcate into taxable and non-taxable income. Characters in the case: Mr. B, his wife M, their two children and Mr. B’s child from his first wife. Adequate information: Income for the year of Mr. B and his wife M is given and other income being the part of their joint income is also mention. To determine: The taxability of the income of Mr. B and his wife for the financial year.

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Chapter 4, Problem 6FPC

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Case summary: In the given case, Mr. B and his wife M have their two children plus Mr. B’s child from his first wife. They have their income for the year and want to bifurcate into taxable and non-taxable income.

Characters in the case: Mr. B, his wife M, their two children and Mr. B’s child from his first wife.

Adequate information: Income for the year of Mr. B and his wife M is given and other income being the part of their joint income is also mention.

To determine: The taxability of the income of Mr. B and his wife for the financial year.

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