Question: Q . Na 0 5 : Compute the tax payable of Mr . Aamir Malik who during the tax year ended 3 0 t h

Q. Na 05: Compute the tax payable of Mr. Aamir Malik who during the tax year ended 30th June 2021 enjoyed income from the following sources:
(a) Basic salary
Rs.500,000
(b) Bonus 100,000
(c) Rent free unfumished accommodation is provided by emplover. Rent Entitlement Rs.300,000
(d) Car provided by employer for private purposes only.
Car was purchased by employer for Rs.3,000,000
(e) Personal medical expenditure reimbursed 10,000
(f) Entertainment bills reimbursed (official meeting),30,000
(g) Utilities allowance Rs.20,000
(h) Loan received from the employer (Interest Free Loan)11,50,000
(i) Fee paid for management course sponsored by employer 18,000
(j) Profit on security issued by federal government (gross)20,000
(k) Cooking range provided by the company 30,000
(l) House servant salaries borne by employer 40,500
(m) Share from association of persons 35,000
(n) Tax deducted from salary by the employer ,40,000
(o) Travelling allowance for official duty (actual expenses Rs.8,000),10,000
(p) Income from property Rs.350,000
(q) Tuition fee of 3 school children 80,000
Required. Calculate tax payable by Mr. Aamir Malik
Rates of tax for salaried person for tax year
\table[[S.H.,Slabs,Rate of Tax],[.1,Where the taxable income upto Rs.6,00,000,0%
 Q. Na 05: Compute the tax payable of Mr. Aamir Malik

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