CA Prakash Somani please enter company name Tax Calculation Sheet for the Financial Year 2008-09 Emp Name Dept Date of Joining PAN NO. Address Designation Salary Components Amount (Rs.) Amount (Rs.) Basic - DA - HRA - OT - Convenyance Allowance - Washing Allowance - Education Allowance - Special Allowance - Medical Allowance - LTA - Ex Gratia - Leave Encashment - Others - Total Salary 0.00 Add: Perquisites Motor Car Gross Salary Less : Deduction from salary income (Sec 16) a) Professional Tax 0 b) Entertainment Allowance Gross Salary after deductions 0.00 Less : Exemptions u/s 10 & 17 HRA Exemption u/s 10(13A) - Transport Exmeption u/s 10 (14) 0 Other Exemptions u/s 10(10) gratuity etc. Medical bill exemption u/s 17(2) 0 Children Education Allowance exemption 10 (14) LTA Exemption u/s 10(5) Total Exemptions 0.00 Income under the head Salary 0.00 Less : Interest on housing loan (u/s 24(b) Gross Total Income 0.00 Deductions under chapter VI - A Deductions u/s 80 C & 80 CCC 0 Medical insurance premium (Sec 80D) Medical for handicapped dependents (Sec 80DD) Medical for specified diseases (Sec 80DDB) Repayment of loan taken for higher education (Sec 80E) Donation to approved fund (Sec 80G) Rent dedution (Sec 80GG) only if HRA not received Deduction for permanent disability (Sec 80U) Total Deductions 0 Total Income 0.00 Tax on above 0 Add: Surcharge - Add: Education Cess - Total Tax payable - Less : Income Tax Paid - Balance Tax payable - No of Months left 6 Monthly TDS to be dedcuted - For any Query: email@example.com www.psomani.caclubindia.com Months Particulars Apr-08 May-08 Jun-08 Jul-08 Aug-08 Sep-08 Basic DA HRA OT Convenyance Allowance Washing Allowance Education Allowance Special Allowance Medical Allowance LTA Ex Gratia Leave Encashment Others (If Applicable) Total 0 0 0 0 0 0 Professional Tax Income Tax Paid Provident Fund (Employee) Months Oct-08 Nov-08 Dec-08 Jan-09 Feb-09 Mar-09 Total 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 HRA Calculation Details of Monthly Rent paid Month Amount (Rs.) Apr-08 May-08 Jun-08 Jul-08 Aug-08 Sep-08 Oct-08 Nov-08 Dec-08 Jan-09 Feb-09 Mar-09 Total Rent Paid 0 Acutal HRA Recd - 40% of Salary - Excess of rent over 10% of Salary - HRA Exemption (Least of C,D,E) - Deductions u/s 80C and 80CCC Particulars Amount (Rs.) Provident Fund (Employee's Share) 0 LIC Premium PPF NSC Interest on NSC ULIP ELSS Notified Mutual Fund Principal on Housing Loan Child Education Fees Infrastructure Bonds Sec - 80CCC Premium paid under Pension Policy Term deposits for a period not less than 5 years with a Notified annuity plan of LIC or any other insurer Total 0
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