I NCOME TAX ESTI MATI ON MAY 2014

EmpIoyee No. AR 1115 Name Gaur av Singh

Locat ion BANGALORE PAN No. ANWPG4900E
DOJ 11 / Oct / 2012 Gender M
Depart ment Equit y Resear ch Designat ion Associat e Analyst
PARTI CULARS Rs.
I EARNI NGS
BAS C EARNED 246000.00
HOUSE RENT ALLOWANCE 98400.00
CONVEYANCE 9600.00
SPEC AL ALLOWANCE 80280.00
NOT CE PAY BUYOUTS 0.00
RELOCAT ON ALLOWANCE 0.00
REFERRAL BONUS 0.00
PERFORMANCE BONUS 0.00
SERV CE BONUS 0.00
ONET MEBONUS 0.00
OTHER EARN NGS 0.00
MED CAL 0.00
CAR PERQ 0.00
FOOD COUPON PERK 0.00
ESOP 0.00
LTA 0.00
JO N NG BONUS 0.00
PRESAL 0.00
LOAN PERQ 0.00
BONUS 0.00
TAXABLE RE MBURSMENTS 0.00
PROFESS ONAL SUPPORT 0.00
EXGRAT A 0.00
ANNUAL G FT 0.00
ACCOMODAT ON PERQ 0.00
GROSS SALARY 434280.00
I I LESS : EXEMPT U/ s 10
HRA 71400.00
CONVEYANCE 9600.00
MED CAL 0.00
LTA 0.00
PROF EXEMPT 0.00
PARTI CULARS Rs.
V DEDUCTI ONS UNDER CHAPTER
VI A
( A) SECTI ON 8 0C
PF 29520. 00
VPF 0. 00
PPF 30000. 00
NSC 0. 00
CTD 0. 00
HSG LOAN REPAY ( PR N) 0. 00
F XED DEPOS T 0. 00
NFRASTRUCTURE BONDS 0. 00
TU T ON FEE 0. 00
ELSS 0. 00
PENS ON PLAN - MUTUAL FUND 0. 00
PENS ON FUND U/ S 80CCC 0. 00
UL P 0. 00
PREV PF 0. 00
TOTAL I NVESTMENT 129520. 00
TOTAL DEDUCTI ON U/ S 8 0C 100000. 00
( B) OTHER DEDUCTI ONS UNDER
CHAPTER VI A:
MED CAL NS U/ s 80 D 0. 00
MTC. OF HAND DEP U/ s 80DD 0. 00
NT ON EDU. LOAN REPAY U/ S80E 0. 00
PERMANENT PHYS CAL D SAB L TY U/ s
80U
0. 00
LESS: DEDUCTI ONS U/ CHAP VI A
VI TOTAL TAXABLE I NCOME 250880. 00
TAX ON TOTAL NCOME 5088. 00
EDU. CESS 3% 93. 00
VI I ANNUAL TAX LI ABI LI TY 3181. 00
TAX FROM PREV EMPLOYER 0. 00
TAX DEDUCTED T LL LAST MONTH 265. 00
TAX PAYABLE 2916. 00
TAX ON PAYSL P 265. 00
HRA EXEMPTI ON COMPUTATI ON
HRA Paid t o t he Employee 98400. 00
Rent Pai d by t he Employee 96000. 00
10% of Basic 24600. 00
RENT PA D - 10% of Basic 71400. 00
40% / 50% of Basic 98400. 00
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TOTAL EXEMPTI ONS 81000.00
SALARY AFTER SEC. 10
I I I LESS : DEDUCTI ONS U/ s 16
PROFESS ONAL TAX 2400.00
PREV PT 0.00
SALARY AFTER SEC. 1 6 350880.00
I V OTHER I NCOME REPORTED BY
EMPLOYEE
NCOME FROM OTHER SOURCES 0.00
NCOME FROM HOUSE PROPERTY 0.00
GROSS TOTAL I NCOME 350880.00
HRA EXEMPT ON 71400. 00
L C 70000. 00
LONG TERM NFRA BONDS 80CCF 0. 00
DONAT ONS 0. 00
Raj eev Gandhi Scheme 0. 00
SEC 80DDB 0. 00
TAX_AFTREB 3088. 00
SURCHARGE 0. 00
SEC80EE 0. 00
ncome Tax on Payslip = Mont hly t ax payable + One t ime t ax
Please click on Tax on Payslip t o view your det ailed One t ime t ax calculat ions
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