Calculate Income tax liability of Mr. Ahmad, a teacher, for tax year ending on 30th June 2019.

1. Basic pay 85,000PM

2. Cost of living allowance 100,000
3. Dearness Allowance 5000 PM
4. Unapproved Gratuity 350,000 50 % of Gratuity or 75000 WEL
5. Employee and employers contribution
In Recognized provident fund 180,000each Salary Means Bs+DA
6. Bank interest on R.P.F @ 20% 120,000
7. Golden Hand Shake 350,000
(20%. 25%.30%)
8. Special Allowance 40,000
9. Furnished accommodation is provided while
Entitlement was 30,000 PM.
10. Car provided for personal use , cost 800,000
11. Rent from shop 30,000 PM
12. unajdustable advance 90,000
13. Income from wood business 150,000
14. Income from business at UK 400,000
15. Tax paid at UK 80,000
16. Income from talk delivered on TV (Gross) 80,000 O/S fully taxable, 10% as tax deducted at source
17. Gain on sale of public Shares 180,000
(After one year)
18. Zakat 40,000
19. Mark up on H.F.S 115,000
20. Donation to Government university 150,000
21. Health Insurance premium 40,000