Question 2: From the Following information compute taxable salaries. VI) Sale @) Basic Salary 3,60,000 b) D.A - 15% [Forming part of retirement benefits) re) RFA provided by the employer. Rent paid by the employer * 12,000 p.m. a) Laptop provided for personal use costing R40,000. e Reimbursed the medical treatment bill of dependent brother of * 20,000. Conveyance allowance of 1,200 per month is given by the company towards actual reimbursement (2) Premium on Personal accident policy 5,000 paid by the employer. (h) Telephone allowance received * 500 per month Medical insurance premium of his family paid by employer 10,000 Contribution to RPF both the employer and employee 15% of salary. Question 3: Mr. X retired from the services on 31.1.2020 after doing service for 5 years. He received the following amounts from the employer for the P.Y 2019-20. Compute his Taxable Salaries. 6) Basic Salary 12,000 p.m (W) DA R6,000 p.m [does not form part of retirement benefit], (ii) City compensatory allowance * 1,000 p.m (iv) Night duty allowance of 1,000. (V) Pension @ 20% of basic salary from 1.2.2020. (vi) Leave salary of received * 1,00,000 for 225 days of leave accumulated during 5 years @ 45 days leave in each year. He has not availed any earned leave during his tenure of 5 years, (vii) Gratuity of 1,50,000.[ Assuming employee is not covered under Payment of Gratuity Act]