income tax calculator f.y.12-13

7/29/2019 Income Tax Calculator F.Y.12-13

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Statement Showing details of pay and allowances paid to

For the period from 1/3/2012 to 28/02/2013 and authorised deductions admissible U/S 88 of the income tax

Sr.No Month Basic D.P D.A. H.R.A. CLA Trav.All. Gross Total G.P.F P.T. GIS PPF

1 Mar-12 20570 5400 16881 2597 0 800 46248 2000 200 400 0

2 Apr-12 20570 5400 16881 2597 0 800 46248 4000 200 400 0

3 May-12 20570 5400 16881 2597 0 0 45448 4000 200 400 0

4 Jun-12 20570 5400 16881 2597 0 533 45981 4000 200 400 0

5 Jul-12 21350 5400 19260 2675 0 800 49485 4000 200 400 0

6 Aug-12 21350 5400 19260 2675 0 800 49485 4000 200 400 0

7 Sep-12 21350 5400 19260 2675 0 800 49485 4000 200 400 0

8 Oct-12 21350 5400 19260 2675 0 800 49485 4000 200 400 0

9 Nov-12 21350 5400 19260 2675 0 800 49485 4000 200 400 0

10 Dec-12 21350 5400 19260 2675 0 800 49485 4000 200 400 0

11 Jan-13 21350 5400 19260 2675 0 800 49485 4000 200 400 0

12 Feb-13 21350 5400 19260 2675 0 800 49485 4000 300 0

13 VI pay Arrears 31748 0 0 0 0 0 31748 31748 0 0 0

14 D.A.arr 0 0 0 0 0 0 0 0 0 0 0

15 12 Yr Arrears 0 0 0 0 0 0 0 0 0 0 0

16 V th pay Install 0 0 0 0 0 0 0 0 0 0 0

Total 284828 64800 221604 31788 0 8533 611553 77748 2500 4400 0

Deduction Under 80 C,80CCC & 80CCD

1) Housing Loan Principal 58107 6215

2) G.P.F. 77748 0

3) L.I.C. 24684

4) G.I.S. 4400

5) P.P.F. 1000

6) Mutual Fund ELSS 0

7) P.L.I. / U.T.I. 0

8) Educational Fees 0 HRA Rate 10 CLA 0

Total Deduction u/s 80 C 165939 Infrastructure Bonds u/s 80CCF 0

S

4578956123

ddkdk5454d

abc

Tax payable/

refundable

Total Income Tax 30,314

3,314

M

Deduction for handicapped

person u/s 80 U0

asaad

Gender

Bank A/C. Number

Interest on educational loan for

higher education.u/s 80 E5/25/1996

Fathers Name

Date of Birth0

H. Loan Interest u/s10

Mediclaim Insurance 80DExpenditure for medical

treatment for dependent relative.

u/s 80 DD

0PAN No.

xyz

Name of the Employ

Designation

xyz


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FORM NO 16[ See rule 31 (1) (a)]

Cerificate under section 203 of the Income-tax Act,1961 for tax deducted

at source from income chargeable under the head " Salaries"

Name and Designation of the Employee

From To

01-Apr-12 31-Mar-13

DETAILS OF SALARY PAID AND ANY OTHER INCOME AND TAX DEDUCTED

1 Gross Salary

a) Salary as per provision contained in sec. 17(1) Rs. 611,553

b) Value of perquisites u/s 17 (2)

(as per form no. 12 BA wherever applicable) Rs. 0

c) Profits in lieu of salary u/s 17(3)( as per Form No.12 BA, wherever applicable) Rs. 0

d) Total 611,553

2 Less: Allowance to the extent exempt u/s10

b) Interest on Home Loan Rs. 6,215

c) H.R.A. Rs. 0

d) Rs. 0

e) Rs. 0

3 Balance ( 1-2 ) Rs. 605,338

4 Deductions:

a) Conveniance allowance Rs. 8,533

b)Tax on Employment Rs. 2,500

5 Aggregate of 4(a) & 4 ( b ) Rs. 11,033

6 Income chargeable under the head 'Salaries' (3-5) Rs. 594,305

7 Add: Any other income reported by the employee

a) Income under the head 'Income from House property Rs.

b) Income under the head 'Income from other sources Rs.

c) Total of (a) + (b) Rs. 0

8 Gross Total Income ( 6+7 ) Rs. 594,305

9 Deduction under Chapter VI-A

Gross Amt Qualify Amt Ded. Amou

A) Sections 80C,80CCC and 80CCD(a) Section 80C

(i) Rs. 58,107 58,107 58,107

(ii) Rs. 77,748 77,748 77748

(iii) Rs. 24,684 24,684 24,684

(vi) Rs. 1000 1000 1000

(v) Rs. 0 0 0

(vi) Rs. 0 0 0

(vii) G.I.S. Rs. 4400 4400 4400

(viii) Education Fees Rs. 0 0 0

( b)Section 80CCC 0 0 0

( c)Section 80CCD 0 0 0

PERIODAssesment Year

Quarter1

Mutual Fund ELSS

Quarter3

xyz

ddkdk5454d

abc

PAN/GIR NO.PAN/GIR NO

Name and Address of the Employer

Acknowledgement Nos.og all quarterly Statements of TDS under sub sec (3) of

section 200 as provided by TIN facilation Centre or NSDL web site.

Quarter Acknowldgement No.

P.L.I. / U.T.I.

Quarter2

Quarter4

P.P.F.

to be filed.

2013-2014

Housing Loan Principal

G.P.F.

L.I.C.

133860753.xls.ms_office 3/12/2013


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(B) Other Sections ( for e,g, 80E,80G) under Chapter VI-A

( a ) Section 80 D Mediclaim Rs. 0 0 0

( b ) Section 80 DD Med. Expt. Of Dependt Rs. 0 0 0

( c ) Section 80 E Education Loan Interest Rs. 0 0 0

( d ) Section 80 GG HRA not received Rs. 0 0 0

( e ) Section 80 U Handicraft Person Rs. 0 0 0

( f ) Section 80 CCF Infra. Bonds Rs. 0 0 0

10 Aggregate of deductible amounts under Chapter VI-A Rs. 165,939 165,939 100,000

11 Total Taxable Income ( 8 - 10 ) Rs. 494,305

12 Tax on Total Income Rs. 29,431

13 Surcharge ( On tax Computed at S.No.12 ) Rs. 0

14 Education Cess (On tax at S.No. 12 and surcharge at S.No.13) Rs. 883

15 Tax payable on Total Income (12+13+14) Rs. 30,314

16 Relief under section 89 ( attach details ) Rs. 0

17 Tax Payable ( 15 - 16) 30,314

18 Less: (a) Tax deduted at source u/s 192(1) Rs 27,000

(b) Tax paid by the employer on behalf of the employee 0 30,314

u/s192(1A) on perquisites u/s17(2)

19 Tax payable/ refundable ( 17 -18 ) Rs. 3,314

DETAILS OF TAX DEDUCTED AND DEPOSITED INTO CENTRAL GOVT.ACCOUNT

Sr.No. Month TDS Rs.Surcharge

Rs.

Education

Cess Rs.

Total Tax

Deposited

Rs.

Cheque/D

D No.

BSR Code

of Bank

Branch

Date on

which tax

deposited

Transfer

Voucher/

Challan No

1 Mar-11 2000 0 0 2000

2 Apr-11 2000 0 0 2000

3 May-11 2500 0 0 2500

4 Jun-11 2500 0 0 25005 Jul-11 2500 0 0 2500

6 Aug-11 2500 0 0 2500

7 Sep-11 2500 0 0 2500

8 Oct-11 2500 0 0 2500

9 Nov-11 2500 0 0 2500

10 Dec-11 2500 0 0 2500

11 Jan-12 3000 0 0 3000

12 Feb-12 0 0 0 0

Rs. 30,314

has been deducted at source and paid to the credit of the Central Government. I further certify that the information givenabove is true and correct based on the books of accounts, documents and other available records.

Signature of the Person responsible for deduction of tax.

Place:-

Date:- 12-Mar-2013 Full Name:-

Designation:-

#NAME?

I, son of working in the the capacity of do hereby certify that a sum

133860753.xls.ms_office 3/12/2013


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Computation of Income Tax on Salary Income for the financial 2012-13

Inrespect of :- xyz Designation:- abc

PAN NO :- M

Fathers Name :- asaad

Date Of Birth :- 5/25/1996

Bank A/C Number :-

1 Salary Income (As per Statement) 611553

2 Direct deduction u/s 10I) Prof Tax 2500

ii)Transport Allowance 8533

iii)House loan intersest 6215

iv)HRA exempted(Whicheaver is less is exempted)

1.Actual Amount of HRA received Rs 0

2.Expenditure on Rent in execess of 10% of Salary

Including D.A. Rs

A) Actual Rent Paid Rs..

B) 1/10 of Salary Rs.

3)40% of the Salary including DA Rs.

17248 17248

TOTAL INCOME-------- Rs. 5943053 Add any other Income if any Rs. Rs. 0

Total Gross Income Rs. 594305

4 Rebate u/s 80

I)G.P.F Rs 77748

ii)P.P.F Rs 1000

iii)G.I,S. Rs 4400

iv)L.I.C./PLI Rs 24684

v)NSC/Bons Rs 0

vi)ULIP/Tuition fee Rs 0

vii) Donation /CMFUND Rs 0

viii)House Loan Premium Rs 58107

ix) Othe Investments Mutul Fund Rs 0

Pesion Plan-II icici. 0

Total( I to iX)Deduction u/s 80 C up to 1 Lack Rs 165939 100000

(B) Other Sections ( for e,g, 80E,80G) under Chapter VI-A 0 0

5 Taxable Income 494305

6 Tax on Taxable income 29,431

7 Surcharge if Taxable Income is 10 lakh & Above @ 10% on IT 0

8 Education Case @ 2% of Income Tax Rs 883

9 TOTAL INCOME TAX PAYBLE (6,7,8,9) Rs 30314

10 INCOME TAX ALREADY DEDUCTED Rs 27000

11 NOW INCOME TAX TO BE DEDUCTED Rs 3314

Certified that the above information is correct to the best of my knowledge & belief.

Signature of the Employee

Date 12-Mar-2013

Place

ddkdk5454d

income tax calculator f.y.12-13

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