This question was asked in Taxability of Allowances and Perquisites
How to solve this question 
Mr. Ratan lal is the manager of a company in Agra. He receives ₹12000 p.m. as basic pay and ₹3000 as dearness allowance 
a) He owns his house but the company has provided him the following amenities. 
  I) a gardener, a sweeper, a watchman and a domestic servant each of whom are paid rs₹ 1050 per month 
II) free use of the refrigerator costing rs₹38400 from September  2017.the company incurred ₹1200 on repairs  during the previous  year. 
b)   His followning  obligations were paid by the company. 
 I)   Gas,  electricity  and water bill amounting to ₹ 3000
II) annual membership fee to lions club ₹1800
c)  The company has provided him the facility of a 1.8 litres car.  The car is used for private purposes also and all expenses including the driver salary are borne by the company. 
d) his son is studying in a school run by the company. The annual Expenses incurred by the company is ₹11000 per student. Had he been  sent for education to a similar school  in Agra. A sum of ¢8500 would  have been spent during the year 
e)  Mr. Ryan lol employer gave him a watch valued  at ₹4800
F)  he proceeded on one month leave to shimla where he stayed in holiday home maintained by the company. The expense of his boarding and lodging amounting to ₹6000 were borne by the company. 
Compute his taxable income from salary for the assessment year 2018-2019
Supriya Pradhan's image
Supriya Pradhan
Aug. 20, 2020, 4:57 p.m.