Mr. Ahmed is a system engineer of a reputed company in Sylhet. His income and other particulars
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Mr. Ahmed is a system engineer of a reputed company in Sylhet. His income and other particulars of the year ended on 30th June, 2019 were as follows: Basic salaries per month Tk. 50,000 Dearness allowances 20% of basic salary Festival bonus equivalent two months of basic salary Fees and commission Tk. 5000 Contribution to recognized provident fund 10% of basic salary House rent allowance Tk. 360000 Conveyance allowance Tk. 40000 Medical allowance Tk. 30000 Entertainment allowance Tk. 20,000
Calculate the taxable income from salary of Mr. Ahmed for the assessment year 2019-2020.
Related Book For
Financial and Managerial Accounting
ISBN: 978-0538480895
11th Edition
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
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