Sundar Chowdhury has submitted his income tax return for the year ending June $2016.$ Salary TK$300000,$ bonus, $2$ months' basic TK$50000,$ advance salary TK$200000,$ entertainment allowance TK$45000,$ insurance premium TK$25000,$ employer's contribution to contributory provident fund $10\%$ of basic salary, employee pays the same amount; conveyance allowance TK$15000,$ dividend from a company TK$12000$ after TDS$,$ interest on savings account TK $10000($after TDS$),$ receipts from lottery TK$90000$; birth day presentation TK$35000$; a furnished quarter from the employer. His investments are TK$175000.$ Com Compute total income and tax payable for the assessment year $2016-17.($Based on the Income Tax Law Act $2023$ of Bangladesh Point of view$).$

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Answer To compute Sundar Chowdhurys total income and tax payable for the assessment year 20162017 we... View the full answer