Mr. Ijaz is an employee of Regional International Airline (RIA). Following is the detail 
of his salary received and other receipts during the year ended on 30th
June 2012:
Particulars Rs. 
Basic salary (35000-5000-70000) 45,000 
Medical allowance 70,000 
Special allowance 10,000 
Overtime payment 50,000 
Entertainment allowance 40,000 
Zakat paid under Zakat Ordinance 10,000 
Flying allowance 250,000 
Agricultural income 400,000 
Dearness allowance 120,000 
Investment in share of public company 147,000 
Concession loan availed form employer @5 % 1,000,000 
Employer has provided vehicle for personal use costing 1,000,000
Free passage 02 tickets were provided by airline to its employee @ Rs. 50,000 per ticket 
during the year.
Free accommodation is also provided by the employer. He is entitled to accommodation 
allowance at 55% of his basic salary. 
Requirment
You are required to calculate his taxable income and tax payable. Also show 
complete working to support your values.