Mr. Rubayat Ahmed worked as an Accounts Manager of SS Tel Enterprises Limited and going to submit his first tax return physically for the assessment year 2020-2021. His Income for the year ended on 30 June 2020 were as follow: (1) Income from salary; (a) Basic salary is Tk.40,000 per month (b) Medical allowance Tk.2,00 per month and he received Tk.25,000 for his eye surgery (c) Mr. Ahmed contributed 10% of his basic salary to a Recognized Provident Fund and his employer also contributed the same (d) He received leave encashment Tk.12,000 yearly (e) Received Tk. 60,000 from Workers Participation Fund (WPF), which fund established under The Bangladesh Labor Act, 2006 (f) Mr. Ahmed has been provided with a car for his private use, in addition he received conveyance allowance Tk.2,000 per month (g) Festival bonus amounting Tk. 80,000 (h) House rent allowance yearly Tk. 300,000

(2) Interest on Security: (a) Received Tk. 45,000 as interest (net of tax) on 3-monthly profit based Sanchaypatra (b) Interest on Wage Earners Bond Tk. 60,000 (c) Investment earlier year Tk. 50,000 on 15% taxable Government Security. The bank charge commission Tk.200 to realized the interest and deduct TDS @5% on interest. (3) Income from House Property: Mr. Ahmed own a commercial floor space at Mohakhali C/A with area 5500 square feet which Municipal value yearly Tk.120 per sft. He let out this floor space to a Private Limited company. Tenant paid annual rental value Tk. 570,000 after deducting tax at source at prescribed rate 5%. During the year he spent the following expenses: (a) Repair expenses Tk.171,000 and salary of night guard Tk.36,000 (b) City corporation tax Tk. 8,000 (c) Fire Insurance premium Tk. 7,000 (d) Water and gas bill of tenant Tk. 24,000

(e) Interest on Mortgage Tk. 12,000 (f) Legal expenses Tk. 10,000

(4) Income from Agriculture: Mr. Ahmed received Tk. 300,000 from sales of robi crop, Tk. 50,000 from borga, Tk. 20,000 from lease of agricultural land. He paid Local tax Tk. 4,000 crop insurance premium Tk. 6,000 and allowable depreciation is Tk. 3,000

(5) Income from Business: Mr. Ahmed solely owned a Software Development firm from where he received Tk. 14,000 as profit. (6) Income from other Sources: (a) Received Tk.27,000 as interest on Fixed deposit after deducting TDS @10% (b) Cash Dividend from a Public Limited company, listed in Dhaka stock exchange Tk.72,000 (Net of tax) (c) Dividend received from ICB Mutual Fund Tk.45,000 (Net of tax)

His investment during the year: (i) Purchases a laptop Tk. 120,000 (ii) Payment of Life Insurance Premium Tk. 60,000 (iii) Donate to CRP, Mirpur Tk. 40,000 (iv) Contribution to monthly deposit pension scheme Tk. 8,000 p.m. (v) Donate to Asiatic Society, Bangladesh Tk. 50,000 (vi) Purchases Government Treasury Bond Tk. 200,000 Mr. Ahmeds Net Assets at the end of June 2020 was Tk. 34,000,000

From the above information compute his a) taxable Income from salary b) taxable income from interest on securities c) taxable income from house property d) taxable income from agriculture e) taxable income from business

f) taxable income from other sourc g) actual investment, allowed investment and investment tax credit h) and the Net tax liability for the assessment year 2020-2021