INCOME TAX CALCULATION STATEMENT

( FINANCIAL YEAR 2021-2022, AND THE ASSESSMENT YEAR 2022 - 2023)

Name 0

Design 0

Office 0
PAN NO 0

S.NO DETAILS
1 TOTAL SALARY INCOME (INCLUDING ALLOWANCES) Rs
2 OTHER SOURCE OF INCOME
3 H.R.A EXEMPTED THE AMOUNT OF EXEMPTION SHALL BE THE LEAST OF a,b &c
a. ACTUAL RENT RECEIVED
b. i) ACTUAL RENT PAID
ii) 10% OF SALARY
iii). DIFFERENCE [(I) - (II)]
c. CHENNAI EMPLOYEES 50% OF SALARY
OTHERS 40% OF SALARY
4 LESS STANDARD DEDUCTION RS. 50000/=(all members elegible) Rs
LESS PROFESSIONAL TAX U/S 1b(iii) Rs
LESS PHYSICALLY HANDICAPPED PERSONS (Conveyance Allowance)
5 (E) LESS INTEREST ON HOUSING LOAN U/S 24(b )Max Rs 2,00,000 Rs
6 SALARY AFTER GIVING RELIEF UNDER THE HEAD H.R.A[Col (1+2)-(3+4)-5] Rs
7 DEDUCTION UNDER CHAPTER VI-A
NEW SECTION 80. CCE (OVERALL INVESTMENT LIMIT 1.5 LAKH ) Rs
[i] DEDUCTION UNDER NEW SECTION 80/C
1. G.P.F/C.P.S/T.P.F Rs
2. S.P.F Rs
3. F.B.F Rs
4. L.I.C Rs
5. H.F Rs
6. P.L.I Rs
7. U.T.I Rs
8. P.P.F Rs
9. N.S.C Rs
10. N.S.C ACCRUITED INTEREST Rs
11. REFUND OF H.B.A [PRINCIPAL] ONLY Rs
12. TUITION FEES FOR 2 CHILDREN (other than Donation) Rs
13. OTHERS Rs
TOTAL UNDER NEW SECTION 80 C Rs
[ii] U/S 80.CCC AMOUNT DEPOSITED ANY ANNUITY [OR] PENSION PLAN
Rs
OF LIC LIKE JEEVAN SURAKSHA [MAX - Rs 10,0000]
[iii] U/S 80 CCF. INFRASTRUCTURE BONDS Rs
8 TOTAL SAVINGS [U/S 80C+ 80 CCC + 80 CCF ] Rs

9 U/S 80 CCD (1B) - CONTRIBUTION TO PENSION SCHEME DEDUCTION. [MAX - Rs 50,0Rs

 10 TOTAL TAXABLE INCOME [COL6 - COL 8- COL 9] Rs

S.NO DETAILS
11 DEDUCTION UNDER CHAPTER - VI.A
[iv] U/S 80 D : MEDICAL INSURANCE PREMIUM PAID IN THE NAME OF
ASSESSEE,NHIS,SPOUSE DEPENDENT PARENTS OR CHILD [ MAX Rs 25000, Rs
senior Rs 50000]
[v] U/S 80 DD : EXPENSES ON MEDICAL TREATMENT ETC & DEPOSIT MADE FOR
MAINTAINANCE OF HADICAPPED DEPENDENTS Rs
[ Rs 1.25 Lakh if disability is above 80% else Rs. 75,000]
[vi] U/S 80 DDB : MEDICAL EXPENSES TOWARDS TREATMENT OF ASSISTANCE
OR HIS/HER DEPENDENT SPOUSE OR PARENTS CHILDREN FOR NOTIFIED Rs
[ MAX Rs 60000,senior 80000]
[vii] U/S 80 E :REPAYMENT OF LOAN FOR HIGHER STUDIES AVAILED BY
Rs
ASSESSEE [ 100%][No Limit]
[viii] U/S 80 G : DONATION FOR CHARITABLE PURPOSE 50% FOR SOME
ITEMS,AND 100% FOR SOME ITEMS [P.M N. RELIEF FUND/CM RELIEF FUND / Rs
SRILANGA TAMILAN RELIEF FUND.
[ix] 80.GGA : DONATION FOR SCIENTIFIC RESEARCH OR RURAL DEVELOPMENT Rs
[x] 80.QQB : DONATION FOR ROYALTY [Rs 300000] Rs
[xi] 80.U : DONATION IN RESPECT OF TOTALLY BLIND OR MENTALLY RETARDED
OR PHYSICALLY HANDICAPPED PERSONS Rs
[Rs 1.25 Lakh if disability is above 80% else Rs. 75,000]
(xii) Others Rs

TOTAL Rs

12 NET TAXABLE INCOME[ COL.9 - COL 10] Rs

ROUNDED TO NEAREST TEN Rs

13 TAXABLE INCOME
MEN AND WOMEN UPTO RS 250000
RS 250001 to 500000 5%

RS 500001 to 1000000 20%

RS 1000001 and above 30%

TOTAL TAX Rs

14 LESS:TAX REBATE U/S 87A Rs

15 PAYABLE TAX Rs

16 ADD EDUCATION CESS@ 4% ON TAX PAYABLE Rs

17 LESS:RELIEF u/s 89 (1) A

18 TOTAL TAX PAYABLE FOR 2021 -2022 Rs

19 LESS TAX ALREADY DEDUCTED FOR 2021-2022 Rs
20 BALANCE TO BE DEDUCTED Rs
21 I hereby authorise the drawing and disbursing officer to deduct the balance
Rs
amount of tax from my monthly salary in IFHRMS ( Only Bill Entry )
22 I hereby authorise the drawing and disbursing officer to deduct the Education
Rs
Cess @4% from my monthly salary in IFHRMS ( Only Bill Entry )
CERTIFICATE :
1.Certified that I am contributing a sum of Rs 0000 towards PFS and a sum of Rs 0000 towords LIC premium and policies are kept alive.
2. Certified that I have purchased/intend to purchase NSC/NSS Rs 0000 (Certificate Nos…………………………………)
3. Certified that I have purchased/intend to purchase inftrastructure bonds Rs0000 (Certificate Nos…………………………………………)
4. Certified that the paticulars furnished above by me are correct.
5. Certified that I am occupying a house allotted by the accomodation controller PWD/TNHB on payment of Rs ………....per month.
6. Certified that I am occupying a rental house paying a monthly rent of Rs ……………...only.
SIGNATURE OF THE HEAD SIGNATURE OF THE ASSESSEE
NT
2023)

AMOUNT
0

50000
0
0
0
-50000

0
0
0
0
0
0
0
0
0
0
0
0
0
0

0
0

0
 -50000

AMOUNT

0
0

0
-50000

-50000

NIL

12500

0
0
0

s are kept alive.

……………………)

per month.

E ASSESSEE
 YOURS IDEAS,COMMENTS,ANY COMPLAINTS CONTACT ME THROW MY E-MAIL
MY ID: fazildreams@gmail.com / CELL : 9626460460,9994178034
R. FAZIL BASHA

B.T MATHS

ELAVAMBADI

ENTER UR HOUSING LOAN AMOUNT IN YELLOW BOX

ENTER UR U.T.I AMOUNT IN YELLOW BOX

ENTER UR P.P.F AMOUNT IN YELLOW BOX

ENTER UR REFUND OF H.B.A. PRINCIPAL AMOUNT IN YELLOW BOX

ENTER UR AMOUNT IN YELLOW BOX.

ENTER UR AMOUNT IN YELLOW BOX.

ENTER UR AMOUNT IN BOX.

ENTER UR AMOUNT IN BOX.

ENTER UR AMOUNT IN BOX.

ENTER UR AMOUNT IN BOX.

ENTER UR AMOUNT IN BOX.

ENTER UR AMOUNT IN BOX.

ENTER UR AMOUNT IN BOX.

ENTER UR AMOUNT IN BOX.

 PARTICULARS OF LIC / PLI PREMIUM
S POLICY NAME OF THE NAME OF THE AMOUNT MONTHLY
N0 NUMBER COMPANY POLICY INSURED Rs PREMIUM
1
2
3
4
5
TOTAL
6 POST OFFICE PLI
TOTAL

PARTICULARS OF N.S.C
S POST ISSUE N.S.C N.S.C MONTHLY
N0 OFFICE NO NUMBER DATE PREMIUM
1
2
3
TOTAL

PARTICULARS OF N.S.C VIII ISSUE

S POST ISSUE N.S.C N.S.C MONTHLY
N0 OFFICE NO NUMBER DATE PREMIUM
1
2
3
TOTAL

TUTION FEES DURING THE YEAR 2021-2022

S Name of the Name of the DATE OF RECEIPT
N0 Child Institution PAYMENT NO
1
2
TOTAL
SIGNATURE
 AMOUNT OF
PREMIUM

AMOUNT
Rs

AMOUNT
Rs

022
AMOUNT
Rs

0
 STATEMENT SHOWING PAY AND ALLOWANCES DRAWN
FOR THE YEAR 2021 - 2022
Name : DOB :
Designatio : CPS NO. :
Office : IFHRMS NO. :
PAN NO : MOBILE NO. :
INCREMENT MONTH :
BASIC PAY AS ON 01.03.2 : GPF-1/CPS-2 2 GPF. SUBS 0
SURRENDER MONTH : SURRENDER DAYS :

e Allowance
Allowance

Conveyanc

O.ALLOW

GPF/CPS

Principal
Interest

PROF.
Arrear
Total
MONTH AND

H.R.A

Subs

NHIS
SPL.
CCA

HBA

TAX
SPF
FBF

HBA
M.A
Pay

D.A

LIC
P.P

PLI
CPS

IT
YEAR

March-21 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
April-21 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
May-21 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
June-21 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
July-21 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
August-21 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
September-21 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
October-21 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
November-21 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
December-21 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
January-22 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
February-22 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
D.A arr - I 0
D.A arr - II 0
E.L.S 0
D.A arr in E.L.S 0
Bonus 0 0
JACTTO GEO Arr. 0
Other arr. 0
TOTAL 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SIGNATURE OF ASSESSEE SIGNATURE OF H
 ENTER UR NAME IN C3 YELLOW BOX
ENTER UR DESIGNATION IN C4 YELLOW BOX
ENTER UR NAME OF THE OFFICE IN C5 YELLOW BOX
ENTER UR PAN CARD NO IN C6 YELLOW BOX
ENTER UR INCREMENT MONTH IN F7 YELLOW BOX
ENTER UR BASIC PAY GPF/CPS & GPF SUBS IN F8,L8,P8 YELLOW BOX
ENTER UR SURRENDER MONTH IN F9 YELLOW BOX
Deductio
Total

0 ENTER UR PAY DRAWAN PARTICULAR IN YELLOW BOX

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
URE OF HEAD
 INCOME TAX CALCULATION STATEMENT
( FINANCIAL YEAR 2021-2022, AND THE ASSESSMENT YEAR 2022 - 2023)
Name 0 Date of Birth : 0
Designation 0 GPF / CPS NO. : 0
Office 0 IFHRMS NO. : 0
PAN NO 0 MOBILE NO. : 0
S.NO DETAILS AMOUNT
1 TOTAL SALARY INCOME (INCLUDING ALLOWANCES) Rs 0
Tax on Total Taxable income Rs 0
DEDUCTIONS Rs NOT ELIGIBLE
TAX CALCULATION
(i) On the First Rs. 2,50,000 : Rs NIL
(ii) Rs.2,50,001 - 5,00,000 @ 5% : Rs 0
(iii) Rs.5,00,001 -7,50,000 @ 10% : Rs 0
(iv) Rs.7,50,001 - 10,00,000 @ 15% : Rs 0
(v) Rs.10,00,001- 12,50,000 @20% : Rs 0
(vi) Rs.12,50,001-15,00,000@ 25% : Rs 0
(vii) Rs.15,00,001 and above @ 30% : Rs 0
TOTAL TAX : Rs 0
Education Cess at 4% of income tax : Rs 0
TOTAL PAYABLE TAX : Rs 0
TAX ALREADY PAID : Rs 0
Less: Relief U/s 89(i) : Rs

Less: Tax Paid by Challan : Rs

Balance Tax to be recovered : Rs 0

Signature of the employ

 0
0
0
0

--- 0 0
--- 0 0
--- 0 0
--- 0 0
--- 0 0
0 0

ENTER YELLOW BOX

ENTER YELLOW BOX
ENTER YELLOW BOX

of the employee
 Enter data in Yellow Fields Workings
Annual Gross Salary (Rs) - Slab Amount (Old) Tax (Old) Slab Amount (New)

Standard Deduction 50,000 - 50,000 - -

HRA - - - -

PT and Entertainment Allowance - - - -

NPS - - - -

Leave Travel Allowance - - - -

Home Loan Interest Payment - - - -

Deduction u/s 80C - - - -

Deduction u/s 80G - Total - -
Deduction u/s 80DD - Cess - -

Health Insurance U/s 80D - LESS:TAX REBATE U/S 87A 12,500 -

Saving Bank Interest u/s 80TTA -
Total Taxes - -

Total Exemption & Deductions 50,000

Decision New Tax Slab results in Lower Taxes

Taxable Income (Old) - 50,000 Tax Savings -

Better Option New Tax Slabs

 Tax (New)
-
-
-
-
-
-
-
-
-
-

Lower Taxes