Mr. Ahmedis working in an organizationas Manager, in the pay scale 60,000-5,000-90,000. He furnished the following particulars of his income for the tax year June 30, 2021.

S.No. Particulars

1 Basic SalaryRs.80,000 per month.

2 Bonus equivalent to 30 days basic salary.

3 special Allowance Rs.20000

4 Cost of Living Allowance 10% of basic salary

5 He is provided Rent Free furnished accommodation. Annual rental value is 320000

6 He is provided a motor vehicle which he is using for official use. The vehicle waspurchased on lease by the employer for Rs.2500,000.

7 Medical Allowance 10% of basic salary.

8 Medical reimbursement Rs.20,000.

9 He received entertainment allowance 5000 p/m

10 Travelling Allowance Rs.5,000 per month

11 Utilities Allowance Rs.15,00 per month.

12 cash award 20000

13 dividendRs.30,000.

14 Gift received from father Rs.80,000.

15 Interest received from bankRs.20,000.

16 Rental income 300000

17 Security deposit Rs.200,000.

18 Profit from registered firm 100000

19 Zakat Rs.20,000.

20 Donation to Bait-ul-Mal fund Rs.15,000.

Calculate total and taxable income and tax liability