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Q3. Mr. Ali is Government official and during tax year he received the following amounts. Compute taxable income and tax liability of Mr. Ali. 1.

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Q3. Mr. Ali is Government official and during tax year he received the following amounts. Compute taxable income and tax liability of Mr. Ali. 1. Basic Salary Rs. 960,000 2. Dearness Allowance Rs. 96,000 3. Medical allowance Rs. 40,000 per month 4. Bonus Rs. 30,000 5. Employer's Contirbution to the recognized PF Rs. 120,000 6. Interest credited to PF a/c Rs. 432,000 @ 18% accumulated balance

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