income tax

Q. NO. 2 Miss Shriya is Employed with M/S Viraj Textiles Private Limited having age of 52 years with 45% of disability. She provides you the following information for the assessment year 2022-2023: ( 20 MKS) 1) Basic Salary Rs. 48,000 per month. 2) Dearness Allowance 40% of the Basic. 3) Commission received (Fixed percentage on turnover) Rs. 20,000. 4) Children Education Allowance Rs. 200 per month for 1 child. 5) House Rent Allowance Rs. 49,000. 6) Employers Contribution to Recognised Provident Fund Rs. 2,76,000. 7) Interest Credited to above provident fund @ 11\% per annum Rs. 2,20,000. 8) Arrears of salary received for VII pay Rs. 2,40,000. 9) Entertainment Allowance Rs. 10,000 per Month. 10) Uniform Allowance Rs. 12,000 (spent 11,000). 11) Employer deducted Profession tax Rs. 5,000. 12) Prime minister's National Relief Fund Rs. 15,000 . 13) Amount deposited on November 10, 2021 in an annuity plan of LIC Rs. 1,00,000. 14) Principal repayment of housing loan Rs.50,000. Q. NO. 2 Miss Shriya is Employed with M/S Viraj Textiles Private Limited having age of 52 years with 45% of disability. She provides you the following information for the assessment year 2022-2023: ( 20 MKS) 1) Basic Salary Rs. 48,000 per month. 2) Dearness Allowance 40% of the Basic. 3) Commission received (Fixed percentage on turnover) Rs. 20,000. 4) Children Education Allowance Rs. 200 per month for 1 child. 5) House Rent Allowance Rs. 49,000. 6) Employers Contribution to Recognised Provident Fund Rs. 2,76,000. 7) Interest Credited to above provident fund @ 11\% per annum Rs. 2,20,000. 8) Arrears of salary received for VII pay Rs. 2,40,000. 9) Entertainment Allowance Rs. 10,000 per Month. 10) Uniform Allowance Rs. 12,000 (spent 11,000). 11) Employer deducted Profession tax Rs. 5,000. 12) Prime minister's National Relief Fund Rs. 15,000 . 13) Amount deposited on November 10, 2021 in an annuity plan of LIC Rs. 1,00,000. 14) Principal repayment of housing loan Rs.50,000