Question

26. Mr. R. Kundu is employed in a private concern in Kolkata on January 1, 2015 on a pay
scale of ? 25,000–800—33,000—1,000—44,000
. His other particulars for the previous year
2017-18 are as follows:
(a) Dearness allowance 50% of basic salary (forming part of salary).
(b) Transport allowance ? 2,000 per month.
(c) Medical allowance 500 per month (actual medical expenditure 7,200).
(d) Bonus equals to last 2 months basic salary
(e) He is provided with a rent free furnished accommodation in Kolkata, the fair rent of
which is 7,500 per month
(Professional tax paid by him ? 2,400
Assume that salary becomes due on the first day of the month following the month of
rendering service. Compute his income from salary.
M​

Answer 1

Answer:

Explanation:

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