Mr.Sudesh is a Chartered Accountant and Furnishes the return of income as a resident individual to the Inland Revenue Department. The following information relating to Mr Sudesh is provided in respect of the year of assessment 2023/24 1) He has received a Monthly Salary of Rs.279,000 (After deducting 10% EPF), One month salary was paid to him in January 2024 as a incentive. 2) A bonus of two months salary was paid to him based on the profits for the year ended 31 March 2024 3) Mr Sudesh owns a motot car and it is used for official purposes as well as private purposes. He wae paid Rs 75,000 per month as Vehicle allowance. 4) The company bears his mobile phone bills and the company has reimbursed Ks.96,750 during the year to Sudesh. 5) He has been paid an entertainment allowance of Rs 45,000/- per month. 6) He is living in a rented house at Ragarna. Rent of the house is borne by hirn and monthly rent of the house is Rs 50,000. He received Rs 45,000 per month from the company as an allowance for residence. 7) The company has a medical scheme and he has been reimbursed an amount of Rs.350,000/- as medical checkup bills. 8) He was sent to China for three days training on farm management and he was paid US$ 150 per day for accommodation by the company. The air ticket was also provided by the company and the cost of air ticket was Rs.98,000/-, USS 1 = Rs.130-1 9) The Company deducted Rs 56,500 as APTT tax from the salary of Mr Sudesh for the ycar. 10) He has constructed a house having a flour area of 3,500 square feet and the construction was completed in June 2022 This house was rented from June 2022 at a rent of Rs.77,000/- per month. Rating assessment of this house is Rs.300,000/-and rates for the year was 20%... 11) During the year, the following Interest income were received On Fixed Deposit on BOC On Fixed Deposit on NSB Rs 55,000 (AIT at 5%) Rs 85,000 (AIT not deducted) 12) Summary of dividends received during the year was as follows: Dividend received from a unit trust Rs 40,500 Dividend received from AB (PLC) which has been subject to AIT at 14% Rs 50,000 13) He received a prize of Rs 950,000 from the National Lottery on which withholding tax of Rs 95,000 was deducted... 14) Credit card interest paid during the year was Rs 12,500. He used the credit card for the payment of repairs of the house only. 15) He made a cash donation of Rs. 85000 to the Sri Lanka Cancer Society (an approved charity). ) He has donated Rs.25,000/- to the village temple. Further, he donated Rs. 35,000/- to 16 the Ministry of Disaster Management for the relief of flood victims. 17) He has donated Rs 60,000 to "Api Wenuwen Api" fund 18) Tax paid on Self-assessment basis was Rs 50,000 You are required to compute (a) Assessable Income, (b) Taxable Income, c) Gross Income Tax payable. ( (d) Balance Income Tax Payable/Refund Due, and, (g) Exempt income, if any for the Year of Assessment 2023/24.​