Dev is an officer of Rajasthan Government. He is in the pay scale of ₹20,000-800-28,000 since 1 st June, 2011. He gets dearness allowance @10% of his basic salary and entertainment allowance @₹1,000 per month. The employ
CS Executive · Tax Laws and Practice · PYQS · December 2013
Dev is an officer of Rajasthan Government. He is in the pay scale of ₹20,000-800-28,000 since 1 st June, 2011. He gets dearness allowance @10% of his basic salary and entertainment allowance @₹1,000 per month. The employment tax payable to State Government was ₹2,000 but Dev paid ₹1,500 in the previous year. He has paid ₹15,000 as premium on a policy of ₹1,00,000 which was taken on 1 st April, 2012. He also paid part-time coaching fees of his son ₹10,000. Compute the tax liability of Dev for the assessment year 2013-14.
Topics: Income Tax Act, 1961
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