Following emoluments are received by Ms Sangeeta during the previous year ended on 31.3.2021 Basic...
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Accounting
Following emoluments are received by Ms Sangeeta during the previous year ended on 31.3.2021
Basic salary 250000 Dearness Allowance 10000 Commission 2500 Entertainment allowance 2000 Medical expenses reimbursed 25000 Professional taxes paid 2000(Rs1000 paid by employer)
Ms. Sangeeta contributes Rs 2000 towards the Recognized Provident Fund She has no other income. Compute the income from salary for A.Y 2022-23, and give reasons and explanations wherever required, If Ms. Sangeeta is a Government employee.
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