Mr$.x$ is employed with ABLtd. on a monthly salary of $25,000$ per month and an entertainment allowance and commission of $1,000$ p$.$m$.$ each. The company provides him with the following benefits:

$($i$)$ A company owned accommodation is provided to him in Delhi. Furniture costing $2,40,000$ was provided on $1\mathrm{.}8\mathrm{.}2023.$

$($ii$)$ A personal loan of $5,00,000$ on $1\mathrm{.}7\mathrm{.}2023$ on which it charges interest @ $6\mathrm{.}75\%$ p$.$a$.$ The entire loan is still outstanding $($Assume SBI rate of interest on $1\mathrm{.}4\mathrm{.}2023$ was $12\mathrm{.}75\%$ p$.$a$.)$

$($iii$)$ His son is allowed to use a motor cycle belonging to the company. The company had purchased this motor cycle for $60,000$ on $1\mathrm{.}5\mathrm{.}2020.$ The motor cycle was finally sold to him on $1\mathrm{.}8\mathrm{.}2023$ for $30,000.$

$($iv$)$ Professional tax paid by Mr$.x$ is $2,000.$

Compute the income from salary of Mr$.$ X for the A$.$Y$.2024-25$ assuming Mr$.$ X exercises the option of shifting out of the default tax regime provided under section $115$BAC$(1$A$).$