Question: need right answer please don't copy 21 (m) Bonus-Basic salary of one month (iv) Commission? 66.000. () Leave cncashment (relating to current year) 20,000 (W)

need right answer please don't copy 21 (m)

need right answer please don't copy

21 (m) Bonus-Basic salary of one month (iv) Commission? 66.000. () Leave cncashment (relating to current year) 20,000 (W) He has engaged a helper at 2 1.200 pm and his employer pays him? 1.500 p.m. on this account (on Medical bills for ? 60,000 were re-imbursed in following manner: (a) of a notified hospital 22,000 (for notified disease). (b) of a private hospital 353,000, (vit) Mobile telephone bill of employee's wife paid by employer * 15.000. (ix) His employment tax paid by employer 2,500. (1) On 1-12-2014 he has taken a loan of 3,00,000 from his employer to purchases a car. Rate of interest is 7 95% pa. Repayment of loan @ 5,000 p.m. is to start after 4 months from the date of taking of loan. Prescribed rate of interest by SBI as on 1-4-2014 is 10.95%. (xi) He and his employer contribute 3,200 p.m. cach towards RPF. (xii) Interest credited on the accumulated balance of RPF @ 10% is 20,000. (xiii) He received 20,000 as leave travel concession but has not travelled anywhere (xiv) He has been provided with free use of a car of 1.8 IL C.C. Car is used partly for personal and partly for employment purposes. (xv) He has been provided with a rent free house owned by employer (FRV of House 8,000 p m.) alongwith facility of gardener costing employer 6,000 p.a. Furniture casting 31.00,000 (W.D.V. 75,000) has also been provided for his use by the employer (vi) His personal club bills paid by employer 25,000 p.o. (xvii) LIC Premium on his life paid by employer 5,000 p.a. capital sum assured is * 1.00,000 Other savings of Mr. Ganesh -Contribution of PPF 30,000. --Housing loan repayment to Public Bank 320,000. -Life Premium on the life of father 5.000

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