Calculate Tax Liability from the following information given by Mr. Amit Sharma. He was receiving a salary of 8,000 per month, apart from conveyance allowance of 300 per month (150 per month actually spent). He had an house whose GAV is 1,50,000. Municipal tax 3,000 out of which 1,500 is paid by the tenant. His income from other sources comes to 45,000. He has contributed 40,000 to PPF. He paid Rs. 5,000 towards medical insurance premium.