Mr. Rathan furnished the following particulars of the income for the financial year 2019-20
a. Basic Salary Rs. 45,000 pm
b. Dearness Allowances ( enters in to retirement benefit) @ 50% on salary
c. Bonus Rs. 50,000 pa and Entertainment Allowance Rs.1,500 pm
d. He has been provided with a large car for both official and personal use.Employer bears all
expenses of the car.
e. Income Tax paid by Employer Rs. 10,000/-
f. The employer has employed for him a sweeper @ Rs. 2,000/- pm and
Servant Rs. 1,500/- pm
g. Employer contribution to RPF Rs. 50,000 pa
h. Interest on provident fund @ 10% Rs. 20,000 pa
i. He is provided an unfurnished house by the employer in a city (population as 2001 census 12
lakh).The fair rental value of the house is Rs. 30,000 p.a. Employees Charges Rs. 500 from
him per month as rent.
Compute the taxable income under the head salary for the Assessment year 2020-21
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Explanation:
നിങ്ങൾക്ക് ഒരു ചാനൽ ഉണ്ട് ഇത് വിഡ് id ിത്തമാണ്, ഇത് എന്റെ അറ്റാച്ചുചെയ്ത കവർ ഇംഗ്ലീഷിൽ വിശാലമായ ഒരു ശ്രേണി കാണും, തത്സമയ കാഴ്ച വരെയുള്ള എന്റെ പിന്തുടരലുകളിൽ ഒന്ന് മാത്രമേ എനിക്ക് മികച്ച ഭാഗ്യം പുനരാരംഭിക്കാൻ ഉള്ളൂ
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