Accountancy, asked by mohityadav72006, 1 month ago

Compute the taxable income of Ujjwal under the head Salaries for the A.Y. 21-22.
owan
Q.26 Uday furnishes the following details of his salary income for the financial year 20-21:
2 sper
othe
i, the
F1.4
1000 p.m.
1000 p.m.
urpa
provi
2200
100 p.m.
Q.29
Indi
1. Salary
10000p.m.
2. DA
3. Entertainment allowance
4. Employers and his own contribution to RPF 10% of basic salary.
5. Interest on accumulated balance of fund @ 13%
*26000
6. CCA
7. Medical allowance
5000 p.m.
8. He is provided with a car of 1.8 ltr engine cubic capacity rating by his employer. Its expenses exclut
driver's salary are met by him. The car is used for official as well as for private purpose.
9. He is also provided with an unfurnished accommodation in Delhi for which his employer charges?
p.m. the fair rent of house is 24000 p.a. the house is owned by the employer.
10. The employer has also engaged for him a sweeper @ 150 p.m., a watch man @200p.m. and a
gardener@ 150 p.m.
11. He has also been given a loan of 100000 @ 7% p.a. on 1.5.20 for construction of his house. SBI ra
for such loan as on 1.4.19 is 12% p.a.
aga
noes eve
Compute his taxable income from salary for the A.Y. 21-22.​

Answers

Answered by Xxitzking01xX
32

. He is provided with a car of 1.8 ltr engine cubic capacity rating by his employer. Its expenses exclut

driver's salary are met by him. The car is used for official as well as for private purpose.

. He is also provided with an unfurnished accommodation in Delhi for which his employer charges?

p.m. the fair rent of house is 24000 p.a. the house is owned by the employer.

. The employer has also engaged for him a sweeper @ 150 p.m., a watch man @200p.m. and a

gardener@ 150 p.m.

. He has also been given a loan of 100000 @ 7% p.a. on 1.5.20 for construction of his house. SBI ra

for such loan as on 1.4.19 is 12% p.a.

aga

noes eve

Compute his taxable income from salary for the A.Y. 21-22.

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