WOMEN'S POLYTECHNIC COLLEGE

LAWSPET, PUDUCHERRY-8
STATEMENT OF CALCULATION OF INCOME TAX FOR THE PERIOD 1.04.2012 TO 31.03.2013 FINANCIAL YEAR 2012-13 ASSESMENT YEAR 2013- 14

Name and Designation Residential Address

A.Mannathan.,Lab Assistant/ Computer Engg 106-Anandapuram Road, Ariyur,Puducherry-605102

PAN Number

AXXPM8682L 380033

1.(a) Total gross salary income for the year 2012-13 (Month wise detailes should be furnished from March 2012 paid in April 2012 to Feb2013 including anticipated arrears of pay, allowances, DA and etc. (b) ADD: Any perquisites etc received from the Government/Others 2. Total Salary (a+b)

380033

3. LESS: Allowance to the extent exempt u/s10 & Profession tax u/s16(i) 3a. House Rent Allowance:
The amount of HRA, which is to be treated as exempt from income tax has to be taken as the least of the following amount:a. Actual HRA Paid b. Rent Paid in excess of 10% of salary c. 40% of Salary 37240 53380 54320 37240

Least of the above three ( HRA received by an employee living in his own house or in a house for which he does not pay any rent, is not exempt from income tax in any cicumtances. In such cases, the whole amount of HRA received should be included in the total income.) 3b. TA (For Handicapped Rs.1600/- pm & others Rs.800/- pm) 3c. Amount of Profession tax actually paid 4. Total Deductions(3a+3b+3c) 5. Income chargeble under the head salaries (2-4) 6. Income (including loss from house property ) under any head other than income under the head "Salaries" offered for TDS [Section 192(2B)] Interest paid on House Building advance in respect of self Occupied Property Certificate to be enclosed Maximum Rs.30000 for loans availed before 31.03.1999 Rs.150000 for loans availed from 01.04.1999 7. Gross total income ( 5 add or less 6 ) CHAPTER VI A 8. Section 80 C 8a. Contribution to Provident fund (does not include repayment of advances/loans) 8b. Recovery towards UTGEGIS Page 1

9600 200 47040 332993 0

177000 324

8c. Subscription to Savings Certificates(National Savings Certificate, etc.,) 8d. LIC payment limited to 20% of the sum assured. 8e. Contribution to approved Superannuation Fund. 8f. Contribution to Unit Linked Insurance Plan(LIC Jeevan Dhara,Jeevan ect.,) 8g. Subscription to any special security notified by the Central Government. 8h. Tuition fees paid limited to two children. 8i. Any instalment or part payment of the amount borrowed for construction/purchase of residential house property from Government/Bank/LIC/Cooperative Bank/ Housing Board/development Authority ect., 8j. Subscription to equity shares/debentures forming part of "eligible issue of capital"

0 0 0 0

Section 80 CCC
8k. Pension fund - Contribution to LIC Pension fund

Section 80 CCD
8l. Contribution to the new Pension scheme, limited to 10% of salary. 8m Govt. contribution to the new pension scheme limited to 10% of the salary. Total (8a to 8m) 9. The maximum amount eligible for deductions under Sec 80C, 80CCC, 80CCD should not exceed one lakh rupees (80CCE) 0 177324 100000

10. Medical Insurance - Premium amount upto 10,000 paid by cheque for medical insurance under scheme framed by GIC of india (if dependent is senior citizen covered by the policy premium upto Rs.15,000) (80 D) 11. Handicapped dependant - An amount of Rs.50,000 expenditure incurred towards medical treatment (including nursing ), training and rehabilitation of any dependant being a person with disability and Rs.1,00,000 in case of severe disability (80 DD) 12. Medical treatment - Actual expenditure limited to Rs.40,000 to the patient or a dependent suffereing from cancer or AIDS and Rs.60,000 if such a dependent is senior citizen (80 DDB) 13. Education loan - if an assessee has taken any loan from an financial institution or charitable institution for pupose of his higher education, the amount interest paid during the year can be deducted from the taxable income till loan including interest is cleared or for a period of eight years whichever is earlier (80 E) 14. Any donation for charitable purpose (80 G) 15. Handicapped assessee - Rs.50,000 in the case of assessee who is a person with disability and Rs.1,50,000 for severe disability (80 U) 16 Total Deductions under chapter VI A(9+10+11+12+13+14+15) 17. Total Taxable income (7-16) ( Is arrived by subtracting the above admissible deductions Page 2 from the total income,

232993

to be rounded off to the nearest multiple of ten rupees ignoring the fraction which is less than five rupees and increasing the fraction of the five rupees or more to the next higher amount which is a multiple of ten.) (288A) 18. Income Tax Thereon (Rounded off to the nearest Rupee) Senior Citizen( 60 yrs and above , less than 80 yrs ) Nil Nil 10% of Income exceeding r 2,00,000

3299

Taxable income upto 2,00,000

Others Nil

Senior Citizen( 80 yrs and above ) Nil Nil Nil

r2,50,001

to

r5,00,000

10% of Income exceeding r 2,00,000

Nil

r5,00,001

to

r10,00,000

r30,000 + 20% of income exceeding r5,00,000 r1,30,000 + 30% of income exceeding r10,00,000

r25,000 + 20% of income exceeding r5,00,000 r1,25,000 + 30% of income exceeding r10,00,000

20% of income exceeding r5,00,000 r1,00,000 + 30% of income exceeding r10,00,000 66 33 3398 0 3398

r10,00,001 and above

19. ADD: Education Cess at 3% of income tax payable ( to be charged before caliming releif u/s 89(1) 20. Income Tax Payable (18+19) 21.Less: Relief u/s 89(1) ( form 10 E should be attached )

22. Total Income Tax Payable (20-21) 23. Income Tax already deducted Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12 Oct-12 Total ( Deducted ) 24. Balance to be deducted 0 0 0 0 0 0 0

I hereby authorise the Drawing and Disbursing Officer to deduct the balance amount of tax from my monthly salary as detailed below Nov-12 Dec-12 Jan-13 Page 3 0 1000 1000

Feb-13 Total 25. Total Tax deducted ( 24 + 25 ) 26. Net Tax Payable / Refundable (23-26)

1398 3398 3398

I, A.Mannathan hereby certify that the particulars furnished above, information . submitted by me are true and correct to the best of my knowledge and I did not suppress any material facts. In case of any discrepancy / controversy in record of proofs furnished, I agree to go by the IT deductions made by the college based on the records of college.

Signature of the Applicant

Place : Date :
Puducherry Name & Designation :

Page 4

PARTICULARS OF PAY & ALLOWANCES DRAWN FOR FINANCIAL YAER 2012-2013FOR INCOME TAX CALCULATION HEAD DA ON PERIOD %DA PAY/BP DP/GP DA HRA TA TA Others TOTAL GPF/CPF UTGEGLS HBA Mar-11 58% 11010 4200 8822 3042 800 464 0 28338 14750 27 Apr-11 65% 11010 4200 9887 3042 800 520 0 29459 14750 27 May-11 65% 11010 4200 9887 3042 800 520 0 29459 14750 27 Jun-11 65% 11010 4200 9887 3042 800 520 0 29459 14750 27 Jul-11 65% 11470 4200 10186 3134 800 520 0 30310 14750 27 Aug-11 65% 11470 4200 10186 3134 800 520 0 30310 14750 27 Sep-11 65% 11470 4200 10186 3134 800 520 0 30310 14750 27 Oct-11 72% 11470 4200 11282 3134 800 576 0 31462 14750 27 Nov-11 72% 11470 4200 11282 3134 800 576 0 31462 14750 27 Dec-11 72% 11470 4200 11282 3134 800 576 0 31462 14750 27 Jan-12 72% 11470 4200 11282 3134 800 576 0 31462 14750 27 Feb-12 72% 11470 4200 11282 3134 800 576 0 31462 14750 27 135800 50400 125450 37240 9600 6464 0 364954 177000 324 0 DA arrears I half year 3363 II half year 3456 Bonus 3454 OTA/Honraria/dote exam duty Reimbursement of tution fee/ educational allowance Pension Subsistance allowance Pay arrears/ senior Scale arrears 4806 Govt contribution to new Pension Scheme/Others ( specify) others/Shift salary Total income during the financial year 2012-2013 380033

LIC

IT