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Mr . Laxman joined a company on 0 1 . 0 6 . 2 0 2 1 in a town where population is 1 5
Mr Laxman joined a company on in a town where population is lakhs, and was given the following. Monthly emoluments: Basic Pay ; DA ; Medical allowance Furnished accommodation owned by the employer and provided free of cost Value of furniture there in Motor car litre CC owned by the company with a chauffeur for official and personal use. Expenses of the car paid by the company Salary of servant and watcher paid by company each per month Educational facility for children provided free of cost The school is owned and maintained by the company, expenses incurred by the company Interest free loan repayable within years given by the company on for purchasing a house. No repayment was made during the year. SBI housing loan interest rate pa Interest free loan for purchasing a computer given on No repayment was made during the year SBI interest rate pa You are required to compute the income of Mr Laxman under the head 'income from salary' for the year Ans
Mr Laxman joined a company on in a town where population is lakhs, and was given the following.
Monthly emoluments: Basic Pay ; DA ; Medical allowance
Furnished accommodation owned by the employer and provided free of cost
Value of furniture there in
Motor car litre CC owned by the company with a chauffeur for official and personal use. Expenses of the car paid by the company
Salary of servant and watcher paid by company each per month
Educational facility for children provided free of cost The school is owned and maintained by the company, expenses incurred by the company
Interest free loan repayable within years given by the company on for purchasing a house. No repayment was made during the year. SBI housing loan interest rate pa
Interest free loan for purchasing a computer given on No repayment was made during the year SBI interest rate pa
You are required to compute the income of Mr Laxman under the head 'income from salary' for the year
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