NOTE : PLEASE DO NOT CHANGE ANY FIGURE OF COLOURED COLUMN
FILL ONLY BLANK COLUMN
NAME : DESIGNATION SEX : MALE DEPTT. PREVIOUS EMPLOYER SALARY 0 0 0 0 APRIL'2013 16217 8109 8000 4865 800 11346 40537 1946 38591 0 MAY 16217 8109 8000 4865 800 11346 40537 1946 38591 0 JUNE 16217 8109 8000 4865 800 11346 40537 1946 38591 0 JULY 16217 8109 8000 4865 800 11346 40537 1946 38591 0 AUGUST 16217 8109 8000 4865 800 11346 40537 1946 38591 0 ARREAR 8000 SEPT. 16217 8109 8000 4865 800 11346 40537 1946 38591 0 OCT. 16217 8109 8000 4865 800 11346 30000 70537 1946 68591 0 NOV. 16217 8109 8000 4865 800 11346 40537 1946 38591 0 DEC. 16217 8109 8000 4865 800 11346 40537 1946 38591 0 JAN.2014 16217 8109 8000 4865 800 11346 40537 1946 38591 0 FEB. 16217 8109 8000 4865 800 11346 40537 1946 38591 0 Mar-14 16217 8109 8000 4865 800 11346 40537 1946 38591 0 TOTAL 194604 97308 104000 58380 9600 136152 0 30000 516444 23352 0 493092 0 0 ANNUAL TOT 194604 97308 104000 58380 9600 136152 0 30000 516444 23352 0 493092 0 0 0 WORKING:- AMOUNT COMPUTATION FOR FY 2013-2014 AMOUNT CONVEYANCE RECEIVED. 58380 1. BASIC SALARY 194604 LESS : DED.(800/- PM ) 9600 2. HRA TAXABLE 19466 48780 3. CONVEYANCE TAXABLE 48780 97308 4. SPL ALLOWANCE 136152 50% OF SAL(NOIDA 40%) 77842 5. BONUS & EXGRATIA & INCENTIVE 30000 RENT PAID 104000 6. ARREAR OF SALARY/ LEAVE SALARY (IF ANY) 0 7. OTHER INCOME RECD. 8. MEDICAL EXP REMIBURSE > 15000 BASIC TOT 194604 TOTAL 429002 BAS SAL%10 19460 84540 9.INCOME FROM HOUSE PROPERTY HRA EXEMPT 77842 Interest on Home Loan 102000 327002 TAXABLE HOUSE RENT 19466 Deduction allowed U/S 80 C 100000 PROVIDENT FUND 23352 LIC PAID 25000 Deduction allowed U/S 80 d 5300 NSC PURCHASED TUTION FEES 36000 105300 PPF DEPOSIT 221702 OTHERS TAX DUE ON RS. R/ OFF 221702 REPAYMENT OF HLA 23604 2170 TOTAL 107956 2000 MAXI.LIMIT Deduction U/S 80 C 100000 170 DEDUCTION U/S 80 D - MEDICLAIM INSURANCE ADD: EDUCATIONAL CESS 3% 5 175 MEDICLAIM INSURANCE PAID 5300 TDS DEDUCTED / ADVANCE TAX 0 BALANCE TAX PAYABLE 175 DEDUCTION U/S 80 G *** AVERAGE MONTLY TDS 14 Any person or assessee who I.E. NO DEDUCTION WILL BE MADE IN IN CASE OF CLAIMING OF HRA EXEMPTION, SIGNATURE OF EMPLOYEE INCOME TAX CALCULATOR FOR MALE / FEMALE AGE LESS THAN 60 YEARS N E T
S A L A R Y
P A I D
M E D I C A L
E X P
R E M I B U S E M E N T GROSS TOTAL INCOME COMPANY NAME : M/S CALCULATION OF INCOME TAX(TDS) FOR THE YEAR -2013-14 (01/04/13 TO 31/03/14)
M E D I C A L
E X P
T A X A B L E T O T A L
G R O S S
S A L A R Y E P F
1 2 %
O F
B A S I C
S A L A R Y C O N V E Y A N C E
A L L O W A N C E
E X E M P T E D B O N U S / G I F T /
I N C E N T I V E
E T C . DEDUCTION U/S 80 G** HRA RECEIVED P E R Q U I S T I E S
&
O T H E R
I N C O M E A R R E A R
O F
S A L A R Y /
L E A V E
S A L A R Y
(
I F
DEDUCTION U/S 80 C Deduction allowed U/S 80 C for Infrastructue bond limit Rs.20000/- DEDUCTION U/S 80 D DEDUCTION U/S 80 C HRA C O N V E Y A N C E
A L L O W A N C E
P A I D M O N T H B A S I C
S A L A R Y H R A
R E C D
F R O M
C O M P A N Y R E N T
P A I D T D S
D E D U C T E D /
A D V A N C E
T A X
P A I D NET TAX PAYBLE TOTAL DEDUCTIONS TAX PAYBLE ADDITIOANL TAX REBATE TOTAL TAX PAYBLE NET TOTAL INCOME NOTE : PLEASE DO NOT CHANGE ANY FIGURE OF COLOURED COLUMN FILL ONLY BLANK COLUMN NAME : DESIGNATION SEX : MALE ew-- DEPTT. PREVIOUS EMPLOYER SALARY 0 0 APRIL'2013 0 0 MAY 0 0 JUNE 0 0 JULY 0 0 AUGUST 0 0 SEPT. 0 0 OCT. 0 0 NOV. 0 0 DEC. 0 0 JAN.2014 0 0 FEB. 0 0 Mar-14 0 0 TOTAL 0 0 0 0 0 0 0 0 0 ANNUAL TOT 0 0 0 0 0 0 0 0 0 WORKING:- AMOUNT COMPUTATION FOR FY 2012-2013 CONVEYANCE RECEIVED. 0 1. BASIC SALARY LESS : DED.(800/- PM ) 0 2. HRA TAXABLE 0 3. CONVEYANCE TAXABLE 0 4. SPL ALLOWANCE 50% OF SAL(NOIDA 40%) 0 5. BONUS & EXGRATIA & INCENTIVE RENT PAID 0 6. ARREAR OF SALARY/ LEAVE SALARY (IF ANY) 7. OTHER INCOME RECD. 8. MEDICAL EXP REMIBURSE > 15000 BASIC TOT 0 BAS SAL%10 0 0 9.INCOME FROM HOUSE PROPERTY HRA EXEMPT 0 TAXABLE HOUSE RENT 0 INCOME TAX CALCULATOR FOR MALE / FEMALE AGE EQUAL TO OR MORE THAN 60 BUT LESS THAN 80 YEARS COMPANY NAME : M/S M O N T H B A S I C
S A L A R Y HRA C O N V E Y A N C E
A L L O W A N C E
P A I D C O N V E Y A N C E
A L L O W A N C E
E X E M P T E D P E R Q U I S T I E S
&
O T H E R
I N C O M E A R R E A R
O F
S A L A R Y /
L E A V E
S A L A R Y
(
I F
H R A
R E C D
F R O M
C O M P A N Y R E N T
P A I D CALCULATION OF INCOME TAX(TDS) FOR THE YEAR -2013-14 (01/04/13 TO 31/03/14) HRA RECEIVED B O N U S / G I F T /
I N C E N T I V E
E T C . T O T A L
G R O S S
S A L A R Y DEDUCTION U/S 80 C GROSS TOTAL INCOME Deduction allowed U/S 80 C PROVIDENT FUND 0 LIC PAID 75655 Deduction allowed U/S 80 d NSC PURCHASED 10000 TUTION FEES PPF DEPOSIT OTHERS 20000 TAX DUE ON RS. R/ OFF REPAYMENT OF HLA TOTAL 105655 MAXI.LIMIT Deduction U/S 80 C 100000 ADD: EDUCATIONAL CESS 3% DEDUCTION U/S 80 D - MEDICLAIM INSURANCE TDS DEDUCTED / ADVANCE TAX MEDICLAIM INSURANCE PAID 5500 BALANCE TAX PAYABLE AVERAGE MONTLY TDS DEDUCTION U/S 80 G *** Any person or assessee who makes an I.E. NO DEDUCTION WILL BE MADE IN For detailed Analysis you can refer CBDT CIRCULAR 01/2010 DATED 11 JAN 2010 IN RESPECT OF TDS ON SALARY SIGNATURE OF EMPLOYEE ADDITIOANL TAX REBATE DEDUCTION U/S 80 C TOTAL TAX PAYBLE NET TOTAL INCOME TOTAL DEDUCTIONS DEDUCTION U/S 80 D DEDUCTION U/S 80 G** TAX PAYBLE NET TAX PAYBLE Deduction allowed U/S 80 C for Infrastructue bond limit Rs.20000/- 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 COMPUTATION FOR FY 2012-2013 AMOUNT 1. BASIC SALARY 0 0 3. CONVEYANCE TAXABLE 0 4. SPL ALLOWANCE 0 5. BONUS & EXGRATIA & INCENTIVE 0 6. ARREAR OF SALARY/ LEAVE SALARY (IF ANY) 0 7. OTHER INCOME RECD. 5000 8. MEDICAL EXP REMIBURSE > 15000 370000 TOTAL 375000 9.INCOME FROM HOUSE PROPERTY Interest on Home Loan 0 0 375000 INCOME TAX CALCULATOR FOR MALE / FEMALE AGE EQUAL TO OR MORE THAN 60 BUT LESS THAN 80 YEARS COMPANY NAME : M/S N E T
S A L A R Y
P A I D
M E D I C A L
E X P
R E M I B U S E M E N T M E D I C A L
E X P
T A X A B L E CALCULATION OF INCOME TAX(TDS) FOR THE YEAR -2013-14 (01/04/13 TO 31/03/14) DEDUCTION U/S 80 C E P F
1 2 %
O F
B A S I C
S A L A R Y T D S
D E D U C T E D /
A D V A N C E
T A X
P A I D GROSS TOTAL INCOME Deduction allowed U/S 80 C 100000 10000 Deduction allowed U/S 80 d 5500 115500 259500 TAX DUE ON RS. R/ OFF 259500 950 950 0 ADD: EDUCATIONAL CESS 3% 0 0 TDS DEDUCTED / ADVANCE TAX 0 BALANCE TAX PAYABLE 0 AVERAGE MONTLY TDS 0 For detailed Analysis you can refer CBDT CIRCULAR 01/2010 DATED 11 JAN 2010 IN RESPECT OF TDS ON SALARY SIGNATURE OF EMPLOYEE ADDITIOANL TAX REBATE TOTAL TAX PAYBLE NET TOTAL INCOME TOTAL DEDUCTIONS DEDUCTION U/S 80 D DEDUCTION U/S 80 G** TAX PAYBLE NET TAX PAYBLE Deduction allowed U/S 80 C for Infrastructue bond limit Rs.20000/- NOTE : PLEASE DO NOT CHANGE ANY FIGURE OF COLOURED COLUMN FILL ONLY BLANK COLUMN NAME : DESIGNATION SEX : MALE DEPTT. PREVIOUS EMPLOYER SALARY 0 0 APRIL'2013 10000 6000 7500 4500 800 18950 39450 MAY 10000 6000 7500 4500 800 18950 39450 JUNE 10000 6000 7500 4500 800 18950 39450 JULY 10000 6000 7500 5000 800 13000 34000 AUGUST 10000 6000 7500 5000 800 13000 34000 ARREAR 0 SEPT. 10000 6000 7500 5000 800 13000 33000 67000 OCT. 10000 6000 7500 5000 800 13000 34000 NOV. 10000 6000 7500 5000 800 13000 34000 DEC. 10000 6000 7500 5000 800 13000 34000 JAN.2014 10000 6000 7500 5000 800 13000 34000 FEB. 10000 6000 7500 5000 800 13000 34000 Mar-14 10000 9000 7500 5000 800 13000 37000 TOTAL 120000 75000 90000 58500 9600 173850 0 33000 460350 ANNUAL TOT 120000 75000 90000 58500 9600 173850 0 33000 460350 WORKING:- AMOUNT COMPUTATION FOR FY 2012-2013 CONVEYANCE RECEIVED. 58500 1. BASIC SALARY LESS : DED.(800/- PM ) 9600 2. HRA TAXABLE 48900 3. CONVEYANCE TAXABLE 75000 4. SPL ALLOWANCE 50% OF SAL(NOIDA 40%) 60000 5. BONUS & EXGRATIA & INCENTIVE RENT PAID 90000 6. ARREAR OF SALARY/ LEAVE SALARY (IF ANY) 7. OTHER INCOME RECD. 8. MEDICAL EXP REMIBURSE > 15000 BASIC TOT 120000 BAS SAL%10 12000 78000 9.INCOME FROM HOUSE PROPERTY HRA EXEMPT 60000 TAXABLE HOUSE RENT 15000 COMPANY NAME : M/S M O N T H B A S I C
S A L A R Y HRA C O N V E Y A N C E
A L L O W A N C E
P A I D C O N V E Y A N C E
A L L O W A N C E
E X E M P T E D P E R Q U I S T I E S
&
O T H E R
I N C O M E H R A
R E C D
F R O M
C O M P A N Y R E N T
P A I D A R R E A R
O F
S A L A R Y /
L E A V E
S A L A R Y
(
I F
B O N U S / G I F T /
I N C E N T I V E
E T C . T O T A L
G R O S S
S A L A R Y CALCULATION OF INCOME TAX(TDS) FOR THE YEAR -2013-14 (01/04/13 TO 31/03/14) INCOME TAX CALCULATOR FOR MALE / FEMALE AGE EQUAL TO OR MORE THAN 80 YEARS DEDUCTION U/S 80 C HRA RECEIVED GROSS TOTAL INCOME Deduction allowed U/S 80 C PROVIDENT FUND 14400 LIC PAID 75655 Deduction allowed U/S 80 d NSC PURCHASED 10000 TUTION FEES PPF DEPOSIT OTHERS 20000 TAX DUE ON RS. R/ OFF REPAYMENT OF HLA TOTAL 120055 MAXI.LIMIT Deduction U/S 80 C 100000 ADD: EDUCATIONAL CESS 3% DEDUCTION U/S 80 D - MEDICLAIM INSURANCE TDS DEDUCTED / ADVANCE TAX MEDICLAIM INSURANCE PAID 5500 BALANCE TAX PAYABLE AVERAGE MONTLY TDS DEDUCTION U/S 80 G *** Any person or assessee who makes an I.E. NO DEDUCTION WILL BE MADE IN For detailed Analysis you can refer CBDT CIRCULAR 01/2010 DATED 11 JAN 2010 IN RESPECT OF TDS ON SALARY SIGNATURE OF EMPLOYEE ADDITIOANL TAX REBATE TOTAL TAX PAYBLE TOTAL DEDUCTIONS NET TOTAL INCOME DEDUCTION U/S 80 C Deduction allowed U/S 80 C for Infrastructue bond limit Rs.20000/- DEDUCTION U/S 80 D DEDUCTION U/S 80 G** NET TAX PAYBLE TAX PAYBLE 0 0 1200 500 37750 0 1200 38250 0 1200 38250 0 1200 32800 0 45000 180000 1200 32800 0 13000 2 0 0 1200 65800 0 1200 32800 0 1200 32800 0 1200 32800 0 1200 32800 0 1200 32800 0 1200 35800 0 14400 500 445450 0 0 14400 500 445450 0 0 0 COMPUTATION FOR FY 2012-2013 AMOUNT 1. BASIC SALARY 120000 15000 3. CONVEYANCE TAXABLE 48900 4. SPL ALLOWANCE 173850 5. BONUS & EXGRATIA & INCENTIVE 33000 6. ARREAR OF SALARY/ LEAVE SALARY (IF ANY) 0 7. OTHER INCOME RECD. 5000 8. MEDICAL EXP REMIBURSE > 15000 900000 TOTAL 1295750 9.INCOME FROM HOUSE PROPERTY Interest on Home Loan 0 0 1295750 COMPANY NAME : M/S
M E D I C A L
E X P
R E M I B U S E M E N T M E D I C A L
E X P
T A X A B L E E P F
1 2 %
O F
B A S I C
S A L A R Y CALCULATION OF INCOME TAX(TDS) FOR THE YEAR -2013-14 (01/04/13 TO 31/03/14) INCOME TAX CALCULATOR FOR MALE / FEMALE AGE EQUAL TO OR MORE THAN 80 YEARS DEDUCTION U/S 80 C T D S
D E D U C T E D /
A D V A N C E
T A X
P A I D N E T
S A L A R Y
P A I D GROSS TOTAL INCOME Deduction allowed U/S 80 C 100000 10000 Deduction allowed U/S 80 d 5500 115500 1180250 930250 TAX DUE ON RS. R/ OFF 1180250 UPTO 500000 10% 154075 FROM 5 LAC TO 10 LAC 20% 0 ABOVE 10 LAC 30% 154075 ADD: EDUCATIONAL CESS 3% 4622 158697 TDS DEDUCTED / ADVANCE TAX 500 BALANCE TAX PAYABLE 158197 AVERAGE MONTLY TDS 12840 For detailed Analysis you can refer CBDT CIRCULAR 01/2010 DATED 11 JAN 2010 IN RESPECT OF TDS ON SALARY SIGNATURE OF EMPLOYEE ADDITIOANL TAX REBATE TOTAL TAX PAYBLE TOTAL DEDUCTIONS NET TOTAL INCOME Deduction allowed U/S 80 C for Infrastructue bond limit Rs.20000/- DEDUCTION U/S 80 D DEDUCTION U/S 80 G** NET TAX PAYBLE TAX PAYBLE A. Individual, Hindu undivided family, association of persons, body of individuals, artificial juridical person Paragraph A of Part-III of First Schedule to the Bill provides following rates of income-tax:- (i) The rates of income-tax in the case of every individual (other than those mentioned in (ii), (iii) and (iv) below) or Hindu undivided family or every association of persons or body of individuals, whether incorporated or not, or every artificial juridical person referred to in sub-clause (vii) of clause (31) of section 2 of the Income-tax Act (not being a case to which any other Paragraph of Part III applies) are as under : Upto Rs. 2,00,000 Nil. Rs. 2,00,001 to Rs. 5,00,000 10 per cent. Rs. 5,00,001 to Rs. 10,00,000 20 per cent. Above Rs. 10,00,000 30 per cent. (ii) In the case of every individual, being a woman resident in India, and below the age of sixty years at any time during the previous year, Upto Rs. 2,00,000 Nil. Rs. 2,00,001 to Rs. 5,00,000 10 per cent. Rs. 5,00,001 to Rs. 10,00,000 20 per cent. Above Rs. 10,00,000 30 per cent. (iii) In the case of every individual, being a resident in India, who is of the age of sixty years or more but less than eighty years at any time during the previous year, Upto Rs. 2,50,000 Nil. Rs. 2,50,001 to Rs. 5,00,000 10 per cent. Rs. 5,00,001 to Rs. 10,00,000 20 per cent. Above Rs. 10,00,000 30 per cent. (iv) in the case of every individual, being a resident in India, who is of the age of eighty years or more at anytime during the previous year, - Upto Rs. 5,00,000 Nil. Rs. 50,00,001 to Rs. 10,00,000 20 per cent. Above Rs.10,00,000 30 per cent. No surcharge will be levied in the cases of persons covered under paragraph-A of part-III of the First Schedule. (i) The rates of income-tax in the case of every individual (other than those mentioned in (ii), (iii) and clause (31) of section 2 of the Income-tax Act (not being a case to which any other Paragraph of Part (ii) In the case of every individual, being a woman resident in India, and below the age of sixty years (iii) In the case of every individual, being a resident in India, who is of the age of sixty years or more (iv) in the case of every individual, being a resident in India, who is of the age of eighty years or more No surcharge will be levied in the cases of persons covered under paragraph-A of part-III of the First