WORKING SHEET FOR THE INCOME TAX FOR THE F.

Y2007-20
NAME : B.SIVARAMAKRISHNAN DESGN SR.CLERK PB L
OWNHOU
QUARTERSN RENT Y B.U. SE
MONTHS MAR'07 APR'07 MAY'07 JUNE'07 JULY'07 AUG'07
INCOME
BASIC PAY 8500 8500 8500 8500 8500 8500
DEARNESS PAY 4250 4250 4250 4250 4250 4250
D.A. 3060 3060 3060 3060 3060 3060
H.R.A. 3825 3825 3825 3825 3825 3825
C.C.A. 300 300 300 300 300 300
D.A.ARRE
ARS 1530
PERSONALPAY
SPL.PAY
INCENTIVE/OT
BONUS
OTHERS ARR.
OTHER INCOME
GROSS
INCOME 21465 19935 19935 19935 19935 19935
DEDUCTIONS
HBA INT. 0
INCOME
TAX 6500 150 150 150 150 150
PROF TAX 127 127 127 127 127 127
HBA PRI 0 0 0 0 0 0
PF 1063 1063 1063 1063 1063 1063
VPF 0 0 0 0 0 0
LIC 676 676 676 676 676 676
GIS 30 30 30 30 30 30
MUTUALFUNDS
UTI
NSC
PENSION FUND
PLI
TUITION
FEES 55
 TOTAL 1824 1769 1769 1769 1769 1769

HRA /HBA Interest Rebate

a) HBA Interest 0 0 0
b) Actual Rent Paid 64872
c) HRA received 45900

MEDICAL INSURANCE
HRA exemption 45900 HANDICAPPED DEPENDE
DONATION
HANDICAPPED EMPLOYE
TOTAL UNDER CHAPTER
TOTAL SAVINGS
PENSION CONTRIBUTION TIER

Calculation of Taxable Income

Gross Salary for 2006-2007
Less HRA 246092
sional Tax/Relief/Ent.Allowance/PM Rlf., 200192
Less Housing Interest under Sec 24(i) 198668
Less Section 80 198668
Less Deduction under Chapter VIA 167385
Taxable Income 167385
Taxable Income Rounded to Nearest Ten

Income Tax Calculations

Slabs

Upto110000 110000 to 150000 150000to250000

Taxable Income
110000 40000 17390
Income Tax >1L
Income>1L 0 4000 3478
a)Calculated Tax 7478 FINAL INCOME TAX (in Rs
d)Education Cess on Income Tax @ 2% 224 To Recover
e)Income Tax+ Edu. Cess (c+d) 7702
f)Tax already recovered 8150
g)Tax to be recovered (c-d) 0 NIL
AX FOR THE F.Y2007-2008
SR.CLERK PB LW MSD PER
HBAEXE
N MP N DOC 4/30/1999
SEP'07 OCT'07 NOV'07 DEC'07 JAN'08 FEB'08 TOTAL

8500 8500 8500 8500 8500 8500 102000

4250 4250 4250 4250 4250 4250 51000
3060 3060 3060 3060 3060 3060 36720
3825 3825 3825 3825 3825 3825 45900
300 300 300 300 300 300 3600

1530
0
0
0
5342 5342
0
0

19935 25277 19935 19935 19935 19935 246092

150 150 150 150 150 150 8150

127 127 127 127 127 127 1524
0 0 0 0 0 0 0
1063 1063 1063 1063 1063 1063 12756
0 0 0 0 0 0 0
676 676 676 676 676 676 8112
30 30 30 30 30 30 360
0
0
0
10000 10000
0

55
 11769 1769 1769 1769 1769 1769 31283

Deductions under ChapterVI

Section Gross Qual. Ded.

Number Amount Amount Amount

EDICAL INSURANCE 80D 0 15000 0

ANDICAPPED DEPENDENT 80DD 0 50000 0
ONATION 80G 0 0 0
ANDICAPPED EMPLOYEE 80U 0 50000 0
TAL UNDER CHAPTER VI A 0
TAL SAVINGS 80C 31283
NTRIBUTION TIER 80CCD 0
80CCE 31283 100000 31283

246092
- 45900 200192
- 1524 198668
- 0 198668
- 31283 167385
0 167385
- 167385
- 167390

150000to250000 Above 250000 Total Tax

17390 0

3478 0 7478
NAL INCOME TAX (in Rs.)
Recover To Refund

NIL 448