Mr. Jamal is employed in a town (having a population of 13 lakh). He draws a salary of Rs. 8000 pm. DA Rs. 2000pm (40% enters into retirement benefits), bonus Rs. 8000 p.a Commission Rs. 4500 p.a. Entertainment allowance Rs. 500p.m. FRV of rent free house provided by the employer Rs. 40000 pa value of the furniture provided Rs 20000. Calculate this income from salary for the assessment year 2019-20. Computation of income from salary Salary 96000 DA 24000 Bonus 8000 Commission 4500 Entertainment allowance 6000 Value of rent free furnished house 14410 152910 Less: Deduction as per Section 16 Standard deduction 40000 Income from salary 11.2910 Computation of value of rent free furnished house Salary (96000-40% of 24000 (DA) + 8000-4500+6000= 124100 10% of salary 12410 Add 10% of cost of furniture 2000 14410 s20 Illustration The following are the particulars of income of Mr.Baburaj for the previous year ended 31" March 2019. He is employed by an individual. 1. Salary Rs.9000p.m 2. Bonus equal to 2 months salary 3. Dog allowance Rs. 150 p.m 4. Special allowances Rs. 120 pm 5. Employee's contribution to RPF @ 15% of salary. 6. Employers contribution to the fund @ 15% of the salary. 7. Interest credited to the provident fund @ 95% pa is Rs. 5600 8. He is provided with free lunch in office. The cost per meal is Rs. 30 9. The employer has given him a small car which he uses for his personal and office use. He meets the expenses of the car which is used for personal purposes. Compute his income from salary for the assessment year 2019-20