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Mr. D. Chuma, a chemical scientist based at Francistown Technical College earned the ...

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Accounting

Mr. D. Chuma, a chemical scientist based at Francistown Technical College earned the
following income during the current year of assessment:
a) He received a monthly salary and allowances amounting to P20000 from Francistown
Technical College, his employer.
b) In February of the current year of assessment, he went for contract leave at the Pretoria
Technikon from where he earned P10000.
c) He wrote, whilst in Botswana, a book on Chemical Engineering and received P 200
000 as royalties from its sale in Southern African countries.
d) His late uncle left a house valued at P500000 in Serowe which Mr. D Chuma inherited
but because he had his own house he actively sought for buyers and he sold the house for
P560000.
e) He sold one of his secret chemical formula for P60000.
Required:
You are requested to advise Mr. D Chuma on the taxability of the above amounts for the current

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