Accountancy, asked by anubhavr416, 7 months ago

Compute her income from salary for the assessment year

Answers

Answered by sunitatyagi848

Answer:

Taxable value =15% of salary as per above calculation i.e. `22,860 (`1,52,400x15%) (or) Actual rent paid by the employer (`7000x12) `84,000 Whichever is lower. Therefore taxable value= `22,860.

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