Instruction for use

1. There is a password to open, that is "123".

2. If you want to claim HRA deduction, you can claim it manually in "O12" box (whichever is less)
3. Colour boxes are editable to enter you personal savings & claims.
4. 80C savings maximum limit 1,50,000/- it will calculate automatically.
5. Taxation below five lakh 10%, 5- 10 lakh 20%, above 10 lakh 30%, it calculates automatically.
6. If your taxable income is below 5 lakh according to IT U/S 87A 2000/- considered automatically.
7. Form 16A will generate automatically.
8. Bottom of the Form there is a table, just enter your Basicpay and your savings.
9. Right side of table there is colur boxes with instructions for HRA,SFN,DA etc.
10. If Employee comes under N.P.S. fillup Box no. R 50 (0 or 10)
11. If Employee is P.H. fillup Box no. R 40 (0 or 6) Tax Exmpt (80U &10(14)) will calculate automatically.

DETAILS OF SALARY & DEDUCTIONS for the Year of

Name :

XYZ

Lecturer

Designation :

Permnent

Govt.P.U. College, Hatti Goldmines

Address:

2015- 16

Office Address

TAN No

ERTE5486Y

G.P.U.College, Hatti G.mines

PAN No

UYTR5826N
595,372

1. Gross Total salary.

2. Arrears/ Surrendor.

595,372

3. Total Income from Salary

4. Total Salary
5. Less : HRA U/S 10 (13A)

Actual HRA received

Rent paid in excess of 10% of salary
40% of Basic pay

Least of the above

6. DEDUCTION P.T.
80U (PWD)
7. U/S VI A
10(14) ii (xi) (PH Allowance)
80E (Edn loan Interest)
80E (Housing loan Interest)
K.G.I.D
8. Deduction U/S 80C
L.I.C
G.P.F

81,720
44,995
204,021
Eligible HRA

44,995

0
2,400

595,372
592,972

592,972

0
0
0
0
40,800
18,528
120,000
0
2,160
0
0
0
0
181,488

N.P.S
G.I.S
Tution Fee
Private Insurance
P.L.I.
Housing Loan Principle Amt
TOTAL (not more than 1,50,000/-)
9. TAXABLE INCOME

1,50,000
#VALUE!

9.A NET TAXABLE INCOME

#VALUE!

10. TAX

#VALUE!

11. DEDUCTION U/S 87A Rs 2000/-

#VALUE!

12. Net Tax

13. Edn Cess 3%

#VALUE!
#VALUE!

14. TOTAL TAX

#VALUE!
16,691

15. TAX ADVANCE PAID.

#VALUE!

16. PAYABLE TAX / REFUNDABLE AMT.

Rs Twelve thousonds five hundred sixty only

17. TAX IN WORDS.

Month
YEAR

SALARY
PAY

DA

HRA

MA

PHA

DEDUCTIONS
SFN

CCA

TrSpAll

TOTAL

PT

GPF

KGID

LIC

NPS

GIS

IT

Mar-14

33600

5040

6720

300

45660

200

10000

3400

1544

180

Apr-14

33600

7056

6720

300

47676

200

10000

3400

1544

180

2000

May-14

33600

7056

6720

300

47676

200

10000

3400

1544

180

2000

Jun-14

33600

7056

6720

300

47676

200

10000

3400

1544

180

1675

Jul-14

33600

7056

6720

300

47676

200

10000

3400

1544

180

1377

Aug-14

33600

7056

6720

300

47676

200

10000

3400

1544

180

1377

Sep-14

34500

7245

6900

300

48945

200

10000

3400

1544

180

1377

Oct-14

34500

8711

6900

300

50411

200

10000

3400

1544

180

1377

Nov-14

34500

8711

6900

300

50411

200

10000

3400

1544

180

1377

Dec-14

34500

8711

6900

300

50411

200

10000

3400

1544

180

1377

Jan-15

34500

8711

6900

300

50411

200

10000

3400

1544

180

1377

Feb-15

34500

8711

6900

300

50411

200

10000

3400

1544

180

1377

D.A.Diff Bill

6048

6048

D.A.Diff Bill

4284

4284

Surrender

Others

101452

81720

3600

2160

16691

Arrears

408600

Place : Dharwad
Date : 12/20/2014
For more details Contact : hucheshpk@gmail.com

0
0

595,372

2400 120000

40800

18528

Sign of Employee
Name & Designation

Rent
8000

0
15
21
25.25
6
4.25
0
25.25
20
300
0

FORM NO 16
(See Rule 31 (1) (a))
Certified under 203 of Income Tax Act 1961 for Tax deducted at Source from Income Chargable under the head "Salaries"
NAME & ADDRESS OF THE EMPLOYER

NAME & DESIGNATION OF THE EMPLOYEE

XYZ
Lecturer
G.P.U.College, Hatti G.mines
PAN No
UYTR5826N

Principal
G.P.U.College, Hatti G.mines
PAN No
TAN No
ERTE5486Y
TDS Circle where Annual Return / statement under
section 206 to be filed I.T.O. - III Hubli

Period
From

01/ April /

To

2014

Assessment Year
2015- 16

31/ March / 2015

Details of salary paid and any other income and Tax deducted
592,972

1. Gross Salary
2. Less : Allowance to the extent exmpt under section 10
3. Balance (1-2)
4. Deductions : a) Tax on employment U/s 16(III)
b) Entertainment allowance U/s 16(II)
5. Agregate of 4 (a+b)
6. Income Chargable under the head 'SALARIES' (3-5)
7. Add any other income reported by the employee
8. Gross Total Income (6+7)
9. Deduction under chapter VI A
80U (PWD)
10(14) ii (xi) (PH Allowance)
0
80E (Edn loan Interest)
80E (Housing loan Interest)
10. Agregate of deduction Amount under chapter VI A
11. Rebate & relief under chapter VIII
I) Under section 80 C (Please Specify)
K.G.I.D
L.I.C
G.P.F
N.P.S
G.I.S
Tution Fee
Private Insurance
P.L.I.
Housing Loan Principle Amt
Total (a+h)
II) Under Section 88 A (Please Specify)
a) Relief Fund
b)
III) Under Section 9 (I) [Attach details]
12. Agregate of Tax Rebate & Relief at 11 above (I+II+III)

592,972
0
592,972
592,972
0
0
0
0

592,972

120,000
40,800
18,528
0
2,160
0
0
0
0
181,488

1,50,000

13.Total Income (8-10+12)

#VALUE!

14. Tax On Total Income

#VALUE!
#VALUE!

15. DEDUCTION U/S 87A Rs 2000/16. Net Tax

#VALUE!

17. Surcharge 3%

#VALUE!
#VALUE!

18. Agregate Total Tax

DETAILS OF TAX DEDUCTION AND DEPOSITED IN TO CENTRAL GOVT.ACCOUNT
Quarter

Amount

4000

4429

4131

4131

Date of Payment

Bank Name & Branch

Certified that a sum of Rs 12334/- (Inwords)Naught OnlyTwelve thousand three hundred thirtyfour
only. has been deducted at source and paid to the credit of the central Govt. further certified that above information is true
and correct as per records.

Place :Dharwad
Date : 20/12/2014.
For more details Contact : hucheshpk@gmail.com

Sign of the person responsible for deduction of Tax

Full Name & Designation