Question: Sundar Chowdhury has submitted his income tax return for the year ending June 2 0 1 6 . Salary TK 3 0 0 0 0

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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