Q. 5. Mrs. Laiba who is working in a private firm provided following particulars for the income year ended June 30, 2015 1. Basic salary 96,000/- per month. 2. Travelling allowance 52,000/- 3. Medical allowance Rs. 6,000/- pm 4. She received loan form employer Rs. 1, 200,000/- with 9% intrest.. 5. House Rent Allowance Rs. 25,000/- pm 6. Dearness Allowance Rs. 4,000/- pm 7. Cost of living Allowance Rs. 66,000/- 8. Salary paid to driver by employer Rs. 20,000/- pm 9. Bonus equal to 10 days salary 10. LFA Rs. 25,000/- Required: he year 2015 Compute total and taxable income Compute tax liabilities for the year