| INCOME TAX CALCULATION FOR ASSESSMENT YEAR 2013-14 AND FINANCIAL YEAR 2012-13 |
| Name.: |
|
| Designation.: |
|
| PAN No.: |
|
| Gender.: |
|
| A |
PARTICULARS |
Rupees |
| 1. |
PAY |
|
| 2. |
GP |
|
| 3. |
DA + ARREAR |
|
| 4. |
HRA |
|
| 5. |
Special Pay |
|
| 6. |
Other Allowance |
|
| TOTAL |
|
| B |
PARTICULARS OF DEDUCTION AND DEPOSIT |
|
| 1. |
GPF |
|
| 2. |
LIC |
|
| 3. |
Subscription to Unit-Linked Insurance Plan |
|
| 4. |
House rent paid |
|
| 5. |
EGEGIS |
|
| 6. |
Professional Tax |
|
| 7. |
Interest paid on House building Loan |
|
| 8. |
Payment of Principal Amount on HBA |
|
| 9. |
Tution Fee |
|
| 10. |
Bank Deposit / NSE / PPF |
|
| 11. |
Investment in Infrastructure Bond(80CCF) |
|
| COMPUTATION OF TOTAL INCOME AND TAX PAYBLE THERE ON |
| Sl No.: |
PARTICULARS |
|
| 1. |
PAY + GP + DA |
|
| 2. |
HRA |
|
| 3. |
SP. PAY + Other Allowance |
|
| Total Salary Income |
|
| Less House Rent allowance exempt U/S 10(13A) |
| a) |
Actual Amount of HRA Received |
|
| b) |
Expenditure of (HR paid - 10 % of (PAY+GP+DA) rent in excess of 10 % of salary(Including DA) |
|
| c) |
40 % of salary Pay+GP+DA |
|
| Actual Less(out of (a), (b), (c) ) |
|
| Gross Total Income |
|
| Professional Tax |
|
| Addl. Income from other sources |
0.00 |
| Interest of House building loan |
|
| Net Income |
|
| Less Deducting U/S 80C & 80CCF |
| 1. |
GPF |
|
| 2. |
EGEGIS |
|
| 3. |
LIC |
|
| 4. |
TUTION FEE |
|
| 5. |
Payment of HBA Principal |
|
| 6. |
Bank Fixed deposit/NSE/PPF |
|
| 7. |
Subscription to Unit-Linked Insurance Plan |
|
| 8. |
Investment in Infrastructure Bond(80CCF) [Max: 20000/-] |
|
| Total Deduction U/S 80C ( Max 100,000) & 80CCF (Max 20,000) |
|
| Total Taxable Income |
|
| Tax exempetion Limit |
|
|
|
| ADD |
| Education Cess @ 2 % of total income tax |
|
| Secondary and Higher Education cess 1 % of total income tax |
|
| Total Income Tax payable |
|
| Rounded off to |
|
|
|