intermediate(ipc)course (no) (1460 Points)

05 April 2013  

1). k retires from govt service on 1-1-2012.he was rawing a salary of 6000p.m.he was drawing da of 1200p.m.on retirement                      he receives a gratuity of 120000.he is pai monthly pension of 4200.compute taxable salary in his case for the a.y 2013-14.


2). r not covere by payment of gratuity act retires on 28th feb2013 after serving the employer company for a period of 18yrs 10 months.he was drawing a salary of 5000 upto sep 2012 and thereafter 6000 p.m.on retirement he is not in receipt of pension but gratuity of 60000 is paid.compute taxable salary in his case for thee a.y 2012-13.