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    This document is a tax computation for Anurag Rana for the month of December 2021. It shows his earnings of Rs. 490,645 which includes basic pay, HRA, other allowances and bonuses. It then details exemptions of Rs. 19,800 under Section 80C for PF contributions. The taxable income calculated is Rs. 418,650.

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    TaxComputation regular

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    TaxComputation regular

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    This document is a tax computation for Anurag Rana for the month of December 2021. It shows his earnings of Rs. 490,645 which includes basic pay, HRA, other allowances and bonuses. It then details exemptions of Rs. 19,800 under Section 80C for PF contributions. The taxable income calculated is Rs. 418,650.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    7 views1 page

    TaxComputation Regular

    Uploaded by

    anurag rana
    This document is a tax computation for Anurag Rana for the month of December 2021. It shows his earnings of Rs. 490,645 which includes basic pay, HRA, other allowances and bonuses. It then details exemptions of Rs. 19,800 under Section 80C for PF contributions. The taxable income calculated is Rs. 418,650.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    of 1

    Tax Computation For the Month of 31-Dec-2021

    Employee Code 108915741 Employee Name Anurag Rana


    Location BANGALORE DOJ 30/11/2020
    Tax Regime Applied

    Amounts are in INR


    PARTICULARS TOTAL

    I EARNINGS
    BASIC 211530

    HRA 105765

    CONVEYANCE 17600

    ADDL. EXGRATIA 8432

    LTA 44066

    MEDICAL 13750

    TRANSPORT ALLOWANCE 44000

    STATUTORY BONUS 11328

    NIGHT SHIFT ALLOWANCE 21375

    ANNUAL ASA 2250

    ANNUAL MEAL 10549

    GROSS INCOME 490645

    II LESS : EXEMPT U/S 10


    SALARY AFTER SEC.10
    III LESS : DEDUCTIONS U/S 16
    TAX ON EMPLOYMENT 2200

    STANDARD DEDUCTION 50000

    SALARY AFTER SEC16 438445

    IV OTHER INCOME REPORTED BY EMPLOYEE


    TAXABLE SALARY 438445

    V DEDUCTIONS UNDER CHAPTER VIA


    (A) SECTION 80C
    PF 19800

    TOTAL INVESTMENTS 19800

    REBATE 19800

    (B) OTHER DEDUCTIONS UNDER CHAPTER VIA:


    TAXABLE INCOME 418650

    HRA EXEMPTION COMPUTATION


    RENTLESS10BASIC -21153

    HRA PAID 105765

    ** This is a computer generated tax computation sheet and does not require signature and stamp.

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