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. Compute Taxable Salary Income & Qualifying amount U / S 8 0 C for the A . Y 2 0 2 2 - 2

. Compute Taxable Salary Income & Qualifying amount U/S 80C for the A.Y 2022-2023 from the following information:
a. Basic Salary Rs.25,000 p.m.
b. DA Rs.5,000 p.m.,(Rs.3,000 p.m. enters into pay for service benefits).
c. Bonus Rs.20,000.
d. Salary in lieu of past accumulated leave Rs.5,000.
e. Entertainment allowance Rs.1,500 p.m.
f. Reimbursement of conveyance expenditure incurred in performance of duties Rs.1,500 p.m.
g. Furnished house at concessional rent of Rs.3,000 p.m. in Chennai (population above 25 lakhs). Fair rental value Rs.6,500 p.m., Cost of furniture Rs.3,50,000, salary of gardener Rs.1,000 p.a.
h. Club bills paid by employer Rs.7,200 p.a.
i. Contribution by employer and employee to RPF 13%(each)of salary.
j. Reimbursement of medical expenses in respect of treatment of notified disease from an approved hospital Rs.20,000.
k. He is provided'with a car of 1.51tcc by his employer for both personal and official use and expenses of maintaining and running the car with chauffeur are borne by the employer.
Life Insurance premium paid by employee for his own life Rs.20,000, wife's life Rs.15,000 and major son Rs.12,000.
m. Amount deposited during the previous year in NSC Rs.20,000.
n. Contribution to PPF Rs.24,000.
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