Question: Mr. B is working in XYZ Ltd. and has given the details of his income for the P.Y. 2020-21. You are required to compute his

Mr. B is working in XYZ Ltd. and has given the

Mr. B is working in XYZ Ltd. and has given the details of his income for the P.Y. 2020-21. You are required to compute his gross salary from the details given below: Basic Salary 10,000 p.m. D.A. (50% is for retirement benefits) 8,000 p.m. Commission as a percentage of turnover 0.1% Turnover during the year 750,00,000 Bonus 40,000 Gratuity 725,000 His own contribution in the RPF 120,000 Employer's contribution to RPF 20% of his basic salary Interest accrued in the RPF @ 13% p.a. 13,000

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