Hello everyone solve this out
Q. R is employed with B limited on a basic salary of Rs. 5,000 per month. he is also entitled to dearness allowance @ 100% of basic salary, 50% of which is included in salary as per terms of employment. the company gives him HRA of Rs. 3,000 per month which was increased to Rs. 3500 per month w.e.f. 1-1-2010. he also gets an increment of Rs. 500 in his basic salary w.e.f. 1-2-2010. Rent paid by him during the previous year 2009-10 is as under:
April and may, 2009 - NIL, as he stays with his parents.
june to oct, 2009 - Rs. 3000 per month for an accomodation in Ghaziabad.
nov, 2009 to march, 2010 - Rs. 4000 per month for an accomodation in Delhi.
compute his gross salary for assessment year 2010-11.
Answer : Rs. 132,650 ( I tried to solve it out twice or thrice but the answer which i had got is Rs. 132,150).
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