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Mrs. Liaqat received the following income during the year endedon 30th June 2019: Basic salary Rs. 15000 p.m. Bonus Rs. 100000 Conveyance allowance Rs. 2200

Mrs. Liaqat received the following income during the year endedon 30th June 2019:

Basic salary Rs. 15000 p.m.

Bonus Rs. 100000

Conveyance allowance Rs. 2200 p.m.

Medical allowance Rs. 2000 p.m.

Notes

1. Rent- free accommodation has been provided to Mrs: Liaqat by her employer.

2. Mrs. Liaqat was provided free electricity worth Rs. 30300 by her employer during the year.

Required. Calculate the tax payable by Mrs. Liaqat for the tax year 2019.

Where the taxable income does not exceed Rs. 400000 0%

Where the taxable income exceeds Rs. 400000 but does

not exceed Rs. 800000 Rs. 1000

Where the taxable income exceeds Rs. 800000 but does

not exceeds Rs. 1200000 Rs. 2000

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