$1.$ One of the XIMR student got an offer letter from Neo Asset Finance Ltd giving following terms of his employment with that company in Mumbai:

I. Basic: Rs$\mathrm{.}30000/-$ per month.

II$.$ HRA : Rs$.15000/-$ p$.$m$.$

iii. Food allowance: Rs$\mathrm{.}2,200/-$ pm$.$

iv$.$ Special allowance Rs$\mathrm{.}24,200/-$ pm$.$

V$.$ Company has a recognised provident fund facility. The employer will contribute $12\%$ of basic pay in addition to employee also contributing equal amount.

vi$.$ The employee stays in a rental house where he pays monthly rent of Rs$\mathrm{.}12500/-$

vii. He has contributed towards LIC policy with annual premium of Rs$\mathrm{.}60,000/-$ and also deposited Rs$\mathrm{.}1,20000/-$ in PPF account,

you are required to:

a$.$ Calculate his taxable salary for AY $24-25.$

b$.$ Advise him whether he should opt for old rate of tax or alternate Tax Rate $($ATR$)$ and why.

c$.$ Calculate his tax liability according to the advice you give in q$\mathrm{.}1($b$)$ above, assuming he has no other income.