Question

Q.1 Sri Sen is an employee of a company in Kolkata. The details of his income for the

previous year 2019-20 are as follows –

(a) Basic salary Rs. 8,200 p.m.

(b) Dearness Allowance @ 25% of Basic salary. Dearness allowance is taken for

computation of retirement benefits.

(c) Both he and his employer contributed 13% of salary to a recognized provident fund.

Interest credited to the said fund @10% p.a. Rs. 2,000.

(d) House rent allowance received @15% of basic salary. Sri Sen stayed in Kolkata in a

rented house for which he paid rent Rs. 2,000 p.m.

(e) He was provided with a car of 1.6 ltr. both for official and private works. The entire

running and maintenance expenses of the car were met by the employer.

(f) His employer paid his life insurance premium Rs. 2,700 and Professional tax Rs.600.

Compute total taxable income of Sri Sen for the assessment year 2020-21​

Answer 1

Answer:

sorry sorry i dont know its long question how doyou gave answer hakoonamadana