income tax calculator 2010-11
TRANSCRIPT
Month Band Pay Grade Pay DA HRA
Mar-10 0Apr-10 0
May-10 0Jun-10 0Jul-10 0
Aug-10 0Sep-10 0Oct-10 0Nov-10 0Dec-10 0Jan-11 0Feb-11 0
0
Any arrearBonus
0 0 0 0Name of the employee:
DesignationKendriya Vidyalaya
For the year
DA ARREAR FOR JAN & FEB 10
Total
0 00 00 00 00 00 00 00 00 00 00 00 0
0 0000
0 0 0 0 0
DA ARREAR TAKEN INTO ABOVE ABOVE TABLE
Transport Allowance
Family planing Allowances
Any other allowances
Govt. Share for NRDPCS
Page 3 of 5
Date:____________Sig.of the Employee
Dearness Allowance
(KVS EMPLOYEES MAY USE THIS CALCULATOR)
Name of the Employee 1/1/2010 35.00
Designation 1/7/2010 45.00
Kendriya Vidyalaya PAN NUMBER
MALE / FEMALE
DA hiked on January '10 8%
Basic Pay in Pay band as on 1st April
Grade Pay as on 1st April
0
IF YOU ARE HANDICAPED "YES"/"NO"
Transport Allowance (Automatically coming according to City) 0 Rebate of the Tr.Allowance 9600PARTICULARS (HPL/EOL) AMOUNT
MA
RC
H
AP
RL
MA
Y
JUN
E
JUL
Y
AU
G
SP
ET
OC
T
NO
V
DE
C
JAN
FE
B
TOTAL
H P L 0
E O L 0
Total0 0 0 0 0 0 0 0 0 0 0 0 0
Children Education Allowance Provident Fund
Leave Encashment under LTC during the year 0 Insurance Premium
0P.P.F.
0
Bonus received
VI PC arrear received during this Year 0 0
Any arrears received during the year 0 Tuition Fee 0
Any other Income (Bank interest etc) 0 0
Any other Income (House property) 0 0
If EOL/Excess payment during the year 0 Any other Savings 0
Over payment recovery 0 Any other Savings 0
TOTAL INCOME 0 Total 0
Deduction of Tr. Allowance as per applicable 0 0 0
Net Income 0 Total 0
Education Cess 2%
0 HS Edu.Tax 1%
Interest on Loan for Higher Studies 80E (Rs.40,000/-) 0 Total 3%
Under section 80U (Employee suffering from Physical Disability) 0
Tax on Employeement (Prof. Tax)
0 Tax deducted Month Amount
Under section 80GG (House Rent Paid) 0 March 0
Under section 80G (Various Donations) 0 April 0
0 May 0
0 June 0
Total net Income 0 July 0
SAVINGS u/s 80C,80CCC &80CCD 0 August 0
Taxable Income 0 September 0
Rounded to nearest Rupee 0 October 0
Tax 0 November 0
Education tax & Cess 3% 0 December 0
Tax Pable 0 January 0
Relief under section 89(Details are atched) 0 February 0
Net Tax Due 0At source deduction 0
Tax Due / Excess 0 Total 0
Prepared by: G.Kondal Rao, UDC(1st UDC in KVS Incentive Awardee 2009), KV, IIT, Kharagpur (Mobil No.09233369815 Land Line 03222-649966( R ), 277223(O)
ICOME TAX CALCULATOR FOR THE (FY)2010-11 & (AY) 2011-12
Enter City code where you are posted( Othere Cities=OC, A1&A Cities=A1)
If Govt. Qr. Not Allotted in the city coming under ("X"[30%], "Y"[20%] & "Z"[10%]) or If you are in Govt Accomodation then "N"
Total income may be put manually & THE ABOVE COLUMNS(s8 to s11 & rows18,19 ) SHOULD BE BLANK
PLEASE MENTION WHETHER YOU ARE(NRDCPS/GPF/CPF) HOLDER
2010-11(FY) & 2011-12(AY)
NATURE OF LEAVE
SAVINGS u/s 80C,80CCC &80CCD(Chapter VIA)
Allowances received during the year (Like Family Planning Allowance etc.)
Principal amount against House Building Advance
NSC Certificate/NSC Interest
Govt. Contribution to the New Pensioner u/s 80CCD limited to 10% of salary
Own Contribution to the New Pensioner u/s 80CCD limited to 10% of salary
Infrastructure Bond
Children Education Allowance rebate u/s 2BB(5) Rs.1200/- p.a, Hostel subscidy Rs.3600/- p.a u/s 2BB(6)
Interest paid on House Building Advance u/s 24(1)(vi) Self Occupied/residential property (30,000/1,50,000)
TAX DEDUCTION AT SOURCE THROUGH PAY BILLS
Mediclaim/Health Insurance 80D (15,000/-[20,000/-member of family sr.citizen])
Rehabilitation of Handicapped Dependent Relative 80DD,50000 {75000 severe disability}Medical Expenditure on Self or Dependent Relative 80DDB[40000/-(60,000 sr.citizen of dep.family member)]
If any body finds any calculation mistake or further guidence, please inform me through e-mail ([email protected]). If you are satisfied with this calculator, please send me an appriciation letter to my school address.
EASY TO KNOW YOUR TAX
Page 4 of 5
Prepared By__________P.T.O
FORM 16
[ see rule 31 (1) (a)
Certified under Section 203 of the Income-Tax act 1961 for tax
deducted at source from income under the head "Salaries
Name & address of Employer Name & designation of Employee
THE PRINCIPAL 0
KENDRIYA VIDYALAYA, ='IT Calculator(2pages)'!H6:S6 0
[under KVS(HQ), New Delhi, an Autonomous Body under HRM, Govt. of India] 0
PAN No. of the Deductor TAN No. of the Deductor PAN No. of the Employee
0
PeriodAssesment Year
From To
Quarter Acknowledgement No.
2010 2011 2011-12Quarter-1
Quarter-2
Quarter-3
Quarter-4
DETAILS OF SALARY PAID, OTHER INCOME AND TAX DEDUCTED
1 Gross salary 0(a) Salary as per provision contained in section 17(I)
(b) Value of perquisities under section 17(2) (asper Form no. 12BA, whereapplicable
(c) Profit in lieu of salary under section 17(3) (asper Form no. 12BA, whereapplicable
(d) Total 02 0
Transportallowances/conveyance Residence-Office 0
Under section 80U (Employee suffering from Physical Disability) 0
Under section 80G (Various Donations) 0
Total 0
3 Balance (1-2 ) 04 Deduction under section 16:
(a) Entertainment allowance ,,0
(b) Tax on Employment ,,0
5 Agregate of 4 (a) and (b) ,,0
6 Income chargeable under the head "Salaries" (3-5) ,,07 Add: any other income reported by employee U/s
Bank Interest 0
House property income 0
Leave encashment etc. 0
Any arrear received during the year 0
Total 0
8 Gross Total Income (6+7) ,,09 Deductions Under Chapter VI
A. Section 80C, 80CCC and 80CCD
a) Section 80C Gross Amt Deductible Amt
(i) GPF/CPF/PPF ,,0 ,,0
(ii) LIC Premium ,,0 ,,0
(iii) P.P.F. ,,0 ,,0
(iv) HB refund ,,0 ,,0
(iv) NSC Interest ,,0 ,,0
(v)Tuition Fee ,,0 ,,0
(vi)Any other ,,0 ,,0
b) Section 80 CCD ,,0 ,,0
c) Section 80 CCD ,,0 ,,0
TOTAL ,,0 0B. Other Sections Under Chapter VI A Gross Amt Qualifying Amt Deductible AmtHouse Building interest ,,0 ,,0
Interest on Loan for Higher Studies 80E ,,0 ,,0
Mediclaim/Health Insurance (upto 15,000/-) ,,0 ,,0
Any other amount rebate under rules (HC,Medical etc) ,,0 ,,0
Leave encashment etc. ,,0 ,,0
,,0
,,0
,,0
Total (B) ,,0 ,,0
10 Aggregate of deductible amount under Chapter VI ,,0
11 Total Income 8-10) ,,0
12 Tax on total income ,,0
13 Surcharge ,,0
14 Education Cess ,,0
15 Tax payble on total income 12+13+14 ,,0
16 Relief under section 89(attach details) ,,0
17 Tax payble (15-16) ,,0
18 Less (a) Tax deducted at source u/s 192(1) ,,0
,,0
19 Tax Payble/(refundable (17-18) ,,0
Acknowledgement No. of all quarterly statement of TDS under sub -section (3) of section 200as provided by TIN Facilitation Centre or NSDL web site
Less Allowances to the extent exempt under section 10 (80GG)
less (b) Tax paid by the employer on the behalf of the employee under section 192(1A) on perquisites under section 17(2)
Page 5 of 5
Prepared By__________P.T.O
DETAILS OF TAX DEDUCTED AND DEPOSITED INTO CENTRAL GOVT ACCOUNT
( The deductor is to provide transction -wise detail of tax deducted and deposited)
SN TDS Rs Surchare Total tax Cheque/DD No. BSR Code of bank Branch
1 0 02 0 03 0 04 0 05 0 06 0 07 0 08 0 09 0 0
10 0 011 0 012 0 0
Total 0 0 0 0
I, ________________ son of _____________________ working in the capicity of Principal, K V---------------------- do hereby certified that
a sum of Rs. 0 (Rupees only)
I further certified that the above information is true and correct based on the books of accounts, documents and other available records.
Place: Signature of person responsibe for tax deduction
Date:
Full Name:
Designation: PRINCIPAL(Drawing & Disbursing Officer)(Seal)
Education Rs
Date on which tax deposited
Transfer voucher identification