Question: Ms . Zahida is working for Digital Process Industries as Manager Supply Chain since few years. Her basic Salary per month is Rs . 1

Ms. Zahida is working for Digital Process Industries as Manager Supply Chain since few years. Her basic
Salary per month is Rs.160,000/-. She has been provided a House Rent Allowance of Rs.75,000/- and
Medical Allowance of Rs.17,000/- each per month. During the year she paid donation to approved NGO
Rs.150,000/-.
Ms. Zahida has a property which is rented for residential purposes @ Rs.80,000/- per month on 01- September2021. The monthly rent revised on 01-August-2023 as Rs.88,000/- per month. When thesepremises were
rented out an amount of Rs.600,000/- was received by her as Deposit which is not adjustable against rent.
Required:
Calculate the ANNUAL TAXABLE INCOME for the TAX YEAR 2024

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