You are on page 1of 6

Financial year 2013-2014

ANNEXURE - II

Assessment year

INCOME TAX CALCULATION


ONGOLE Mandal
Rented House

2014-2015

Name: S. Ram Mohan Reddy


Designation : AO O/o Joint Director of Agriculture Whether living in --------1

Ongole 310,139 23,682 24,187 124,056

2 3

Gross Salary
H.R.A. Exemption as per eligibility U/s. 10(13-A) Actual HRA received a) b) c)
Actual House Rent paid minus 10% of Salary(Rent: @ 4600/-PM)

Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs.

40% of Salary (Salary means Basic Pay+D.A)

4 5

Total Salary (2-3) Deductions from Salary Income


a) b) Exemption from Conveyance Allowance U/s. 10(14) (i) Profession Tax U/s 16 (3) B

23,682 286,457

2,200 -

6 7 8 9 10 11

Income From Salary (4-5)


Add: Income From other sources Add: Income From Capital Gains Add: Income from House Property U/s 24(vi) Loss from House Property(H.B.Loan Int u/s 22 (B)

Gross Total Income (6+7+8+9) Deductions


a) b) c) d) e) f) g) h) i) j) h)
80DDB-Expenditure on medical treatment 80D-Medical Insurance Premium-senior citizen dependent parents 80D-Medical Insurance Premium-Self ,Spouse & Children 80G-Donation of Charitable Institution 80E-Interest on Educational Loan 80 EE -(Additional amount of HBL Int) 80DD-Treatment of Handicapped Dependent-above 40%disability Maintaince for disabled Person E.W.F, & S.W.F Others 80 U Physically Handicapped

2,200 284,257 284,257

20 268 288 288 283,969

12 13

TOTAL----------Gross Total Income (10-11)


Savings U/s 80C (Limited to One lakh) &80CCG (addition Rs.25000) CPS a) APGLI b) GIS c) LIC Premium Deducted in Salary Savings Scheme d) Children Tution Fee e) Repayement of Home Loan Premium f) LIFE INSURANCE g) SBI Life insurance h) Public Provident Fund i) Rajiv Gandhi Equity Savings Scheme-80CCG j) k) Interest on Savings account-80TTA (Others) L)

26,394 11,000 660

7,081

14 15

Total Savings Net Taxable Income (12-13) rounded to nearest Rs.10/Tax on Income
Up to Rs. 200000 a) b) Rs.200001 To 500000 (@ 10%) Tax rebate -Rs.2000/Tax Rebate U/s 87 A [Rs.2000/-up to taxble income Rs.5,00,000/-] Rs.500001 To 1000000 (@ 20%) c)

45,135

45,135 238,834

1,883 1,883 19 38 1,940 -

16 17 18 19 20

Above Rs.1000000 (@ 30%) d) Tax on total income Education Cess @ 1% Secondary & Higher Education Cess @ 2%

Total Tax Payable (16+17+18) Details of Advance Tax Deductions


a) b) c) d) Nov-13 Dec-13 Jan-14 Feb-14 Total Advance Tax Rs. Upto Rs. Rs. Rs. Rs. -

Rs. Rs. Adv. Tax Deductions

21

Tax to be Paid now

Rs.

1,940

Tax calculation verified

Signature of the Employee

FORM No. 16
Certificate under section 203 of the Income-tax Act, 1961 for Tax deducted at source from income chargeable under the head "Salaries"
NAME AND ADDRESS OF THE EMPLOYER NAME AND DESIGNATION OF THE EMPLOYEE

C.DAYAKAR M.E.O. KAIKALURU

D.RAMESH S.A.(MATHES) JANGAMPADU KAIKALURU MANDAL,KRISHNA DISTRICT

PIN-521 333 PAN oF Employee TAN No. of DDO BFQPD9876M Acknowledgement Nos. of all quarterly statements of TDS under sub-section 200 as provided by TIN Facilitation Center or NSDL website. AMOUNT Quarter Period Assessment Acknowledgement No. 1 From To Year 2 3 Apr,13 Mar,14 2014-2015 4

DETAILS OF SALARY PAID AND ANY OTHER INCOME AND TAX DEDUCTED
1 Gross Salary
a) b) c) Salary as per provisions contained in section 17 (1) Value of percuisites under section 17(2) (As Per Form No. 12BA, Wherever applicable) Profits in lieu of salary under section 17(3) (as per Form No. 12BA, Wherver applicable)
Rs. Rs. Rs. Rs. Rs. Rs. Rs.

310,139 310,139 23,682


Rs. Rs. Rs.

d) Total Less: Allowance to the extent exempted U/s 10 & 17 a) b) House Rent Allowence Other Allowance

3 4

Balance (1-2) Deductions


a) b) Entertainment Allowence Tax on Employment
Rs. Rs.

2,200
Rs. Rs. Rs. Rs. Rs. Rs. Rs.

5 6 7

Aggreate of 4 (a)&(b)
INCOME CHARGEABLE UNDER THE HEAD SALARIES (3-5)

Add: Any other income reported by the employee Add: Income of Capital Gains Add:Income from House Property

Loss from House Property(H.B.Loan Int u/s 22 (B) Gross Total Income (6+7) 8 Deductions Under Chapter VI-A 9 A) UnderSection 80C,80CCC,80CCD. a) Section 80C,80CCC&80CCG
i CPS ii A.P.G.L.I iii G.I.S iv LIC Premium Deducted in SSS v Children Tution Fee vii Life insurance viii SBI Life insurance ix Public Provident Fund Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs.

Gross Amount

Qualifying Amount Rs. 26,394 Rs. 11,000 Rs. 660


Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs.

Deductible
Rs. Rs. Rs. Rs. Rs. Rs.

Amount 26,394 11,000 660 44,693 82,747 Rs.


Rs. Rs.

vi Repayement of Home Loan Premium Rs.

44,693

Rs. Rs. Rs. Rs. Rs. Rs.

x Rajiv Gandhi Equity Savings Scheme-80CCG Rs. xi Interest on Savings account-80TTA Rs. (Others) Rs.

Total Under Sections 80C,80CCC,80CCG & 80TTA

b)

Section 80CCD
i Contribution to Pension Fund

Rs.

Rs.

Rs.

Aggrigate Amount Deductible Under Sections 80C,80CCC,80CCG,80TTA&80CCD .

Sign-------Place: Date: ZPHS MARVELLY


25-Jan-2014

Signature of the person responsible for deduction of tax Full K.VIJAYAKUMAR Name-DesignationHM Gr-II

laries"

IGNATION OF THE EMPLOYEE

AL,KRISHNA DISTRICT PIN-521 333

BFQPD9876M N Facilitation Center or NSDL webAssessment Year

2014-2015

AX DEDUCTED

310,139

23,682 286,457

2,200 284,257 284,257

68,544 68,544

he person responsible for deduction of tax

B) Other Sections Under Chapter VI A ( Under Sections 80E,80G,80DD etc )


EWF & SWF 80DDB-Expenditure on medical treatment 80D-Medical Insurance Premium-Self ,Spouse & Children 80G-Donation of Charitable Institution 80E-Interest on Educational Loan 80 EE -(Additional amount of HBL Int) Maintaince for disabled Person Others 80 U Physically Handicapped 40% Disability

Gross Amount Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs. -

Qualifying Deductible

Amount 40 -

Amount 40 -

80D-Medical Insurance Premium-senior citizen dependent parents Rs.

80DD-Treatment of Handicapped Dependent-above 40%disability Rs.

260 50,000

260 50,000 Rs. Rs. Rs. Rs. 50,300 68,544 165,413 706 Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs. Nil

Total Under Sections 80G,80E,80DD etc.. 10 11 12 13 14 15 16 17 18


Aggregate of Deductible Amounts U/Chapter VIA (A+B)

TOTAL INCOME (8-10) (Round off As per U/s 288 A)


Tax Rebate U/s 87 A [Rs.2000/-up to taxble income Rs.5,00,000/-] . I.e,. Rs 4038 tax rebate Rs. 2000)

TAX ON TOTAL INCOME Rs.


Education Cess @ 1%(On Tax at S.No.12 ) Secondary & Higher Education Cess @ 2%(On Tax at S.No.12 )

TAX PAYABLE (12+13+14)


Relief under section 89 (attach details)

Nil Nil -

TAX PAYABLE (15-16)


Less:(a) Tax deducted at source U/s 192(1) (b)Tax paid by the employer on behalf of the Rebate u/s 87A

19

TAX PAYABLE / REFUNDABLE (17-18)

Nil

DETAILS OF TAX DEDUCTED AND DEPOSITED INTO CENTRAL GOVERNMENT ACCOUNT


(The employer is to provide tranction - wise details of tax deducted and deposited)
Sl. No.
1 2 3 4 5 6 7 8 9 10 11

TDS Rs.

Surcharge Rs.

Education Cess Rs.

Total Tax Deposited Rs.

Cheque/DD No. (if any)

BSR Code of Bank Branch

Date on Which Tax Deposited

Transfer
vocher/chalana Identification No

I Sri C.DAYAKAR working as do M.E.O. hereby certify that the sum of Rs.Nil /-Rupees in Words()deducted at source and paid to the credit of the central Government. I further certify that the Informtion givin above is true and correct based on the books of account, documents and other available records.

Sign-------Place: Date: Kaikaluru


7-Feb-2014

Signature of the person responsible for deduction of tax Full Name--C.DAYAKAR Designation-M.E.O.

You might also like