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Income Tax Calculator F.Y. 2011-12 (AY 2012-13)
Gender Place of Residence Age Number of children
Salary Breakup

Male Metro City 30 0

April 501,781 May June July August September October November December January February March Total 501,781 501,781 501,781

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Basic Salary House Rent Allowance (HRA) Dearness allowance (DA) Transport/Conveyence Allowance Child Education Allowance Grade/Special/Management/Supplemementary Allowance City Compensatory Allowance (CCA) Arrears Gratuity Leave Travel Allowance (LTA) Leave Encashment Performance Incentive/Bonus Medical Reimbursement Food Coupons Periodical Journals Uniform/Dress Allowance Telephone Reimbursements Car Reimbursement Internet Expense Driver Salary Gifts From Non-Relatives Gifts From Relatives Agricultural Income House Rent Income (income from house property) Other income (Bank account/NSC/Post Office/SCSS Interest) Short Term Gains from Share Trading/Equity MFs Long Term Gains from Share Trading/Equity MFs
TOTAL INCOME

Exemptions Actual Rent paid as per rent receipts Availing both HRA and Home loan exemption

HRA Exemption

Non-Taxable Allowances Investment/Bills Details Child Education Allowance Medical Reimbursement receipts submitted Transport/Conv. Allowance LTA receipt submitted Food Coupons Periodical Journals Uniform/Dress Allowance Telephone Reimbursement receipts submitted Car Expenses Reimbursement receipts submitted Internet expense receipts submitted Driver Salary receipts submitted Other Reimbursement receipts submitted Balance Salary Professional Tax Net Taxable Salary House and Loan Status On loan and Self Occupied Home Loan Interest Component Any other Income Gross Total Income Deductions under chapter VIA Life Insurance Premium payment Employee's contribution to PF PPF (Public Provident Fund) Equity Tax saver Mutual Funds - ELSS National Savings Certificate (NSC) deposit National Service Scheme (NSS) deposit Senior Citizen Savings Scheme (SCSS) deposit Post Office/Tax saving Bonds investments New pension scheme (NPS) Deposit 80CCD Children Tution Fees paid Housing Loan Principal repayment Tax saving Fixed Deposit for 5 yrs. or more Stamp Duty/Registration charges for house Other Eligible Investments Total of Section 80C Pension Fund (80 CCC) Total Deduction under Sec. 80C & 80CCC 80D (Medical insurance premium for Self and/or Family) 80D (Medical insurance premium for Parents) 80DD (Maintainence of depandant disabled) 80DDB (Medical treatment for specific diseases) 80E (Interest paid on Higher Education Loan) 80U (Handicapped person/Perm. Disability) Donations - 80G (100 % deductions) Donations - 80G (50 % deductions) Long Term Infra. Bonds (Section 80CCF) Total Income Total Income rounded off Income Tax on Total Income Education Cess @ 3% Income tax including education cess TDS (Tax deducted at source) Pending Tax Payable Monthly Deductions from salary TDS (Tax deducted at source) Professional Tax Employee's PF Contribution Employee's NPS Contribution VPF (Voluntarily Provident Fund) contribution Deduction for company provided transport Deduction towards State Labour welfare Fund (LWF) Deduction towards company provided Group Term insurance Deduction towards Leave availed Deduction towards company provided medical insurance Other Deductions from Employer Employer's NPS Contribution Employer's PF Contribution In Hand Salary In Hand Salary without reimbursments April May June July August September October November December January February March

501,781 501,781 501,781

100,000
100,000

100,000

100,000

With Severe Disability Parents above 60 years With Severe Disability Patient Below 65 years

401,781 401,780 22,178

665 22,843 22,843

501,781 501,781

Total Income in this year

501,781

ADVANCE TAX SCHEDULE Total Tax as per Consolidation Sheet: PARTICULARS Payable upto 15th June, 2011 Payable upto 15th September, 2011 Payable upto 15th December, 2011 Payable upto 15th March, 2012 22,843 % 15% 30% 60% 100% Payable 3,427 6,853 13,706 22,843 Paid Difference 3,427 6,853 13,706 22,843

Savings for Tax

PPF Investments Apr-11 May-11 Jun-11 Jul-11 Aug-11 Sep-11 Oct-11 Nov-11 Dec-11 Jan-12 Feb-12 Mar-12 Total -

Long Term infra bonds investment Apr-11 May-11 Jun-11 Jul-11 Aug-11 Sep-11 Oct-11 Nov-11 Dec-11 Jan-12 Feb-12 Mar-12 Total Post Office/Tax saving Bonds investments Apr-11 May-11 Jun-11 Jul-11 Aug-11 Sep-11 Oct-11 Nov-11 Dec-11 Jan-12 Feb-12 Mar-12 Total Pension Fund (80 CCC) investments Apr-11 May-11 Jun-11 Jul-11 Aug-11 Sep-11 Oct-11 Nov-11 Dec-11 Jan-12 Feb-12 Mar-12 Total GROSS TOTAL

Children Tution Fees paid -

343.6

401718 221718 22515.4