( maximum 10% of policy value) 3. Purchase of Savings Certificate 150,000
4. Contribution to President’s Relief Fund 50,000
5. Contribution to Government Zakat Fund 25,000
6. Contribution to Ahsania Mission Cancer Hospital 10,000
7. Employee’s and Employer’s contribution to RPF 360,000
( 180,000 x 2) 8. Contribution to Group Insurance Scheme 36,000 (1,800,000 x 2%) Schedule 24D Eligible A. Actual allowable investment Tk. 676,000 amount for ( sum of 1 to 8) rebate B. 25% of total income 951,338 ( lesser of ( 3,805,350 x 25%) A,B and C) C. Tk 1 crore 10,000,000 Amount of tax rebate Tk. 67,600 ( 10 % of tk 676,000) Computation of Tax Rebate Tax Computation and Payment Amount tk
a Gross tax before tax rebate(working) 733,838
b Tax rebate(schedule 24D) (67,600)
c Net tax after tax rebate 666,238
d Total amount payment 666,238
e Tax deducted or collect at source
f Advance tax paid
g Adjustment of tax refund
h Amount paid with return[d- (e+f+g)]
i Total amount paid and adjusted (e+f+g+h) 666,238
j Deficit or excess (d-i)
k Tax exempted income 172,200
Assessee :Nazmun Nahar Assessment Year 2020-2021 Income Year : 2020-2021