Aasaanjobs Private Limited (Now known as BetterPlace Select)

Head Office: B-wing, Unit-4, Krislon House, Military Road, Opposite Marwah
Center, Saki Naka, Andheri, Mumbai, Maharashtra - 400072

INCOME TAX COMPUTATION FOR THE FINANCIAL YEAR 2022 - 2023

Employee Name: MERUGA HARSHA Employee Code: VBS15836 Date of Joining: 20-12-2021 Gender: Male

Working for: Vaco Binary Semantics Work Location: Hyderabad PAN: DKUPM1455A Date of Leaving: 02-12-2022

Tax Regime: Not Provided Date of Birth: 12-06-1996 Payroll Month: November Residential Location: Uppal

Total Apr'22 May'22 Jun'22 Jul'22 Aug'22 Sep'22 Oct'22 Nov'22 Dec'22 Jan'23 Feb'23 Mar'23

A) Taxable Income

Basic + DA 144000 12000 12000 12000 12000 12000 12000 12000 12000 12000 12000 12000 12000

HRA 45924 3827 3827 3827 3827 3827 3827 3827 3827 3827 3827 3827 3827

Statutory Bonus 12000 1000 1000 1000 1000 1000 1000 1000 1000 1000 1000 1000 1000

Incentives 10870 970 1280 970 970 970 970 970 3770 0 0 0 0

Total 212794 17797 18107 17797 17797 17797 17797 17797 20597 16827 16827 16827 16827

B) Deductions

PF 17280 1440 1440 1440 1440 1440 1440 1440 1440 1440 1440 1440 1440

VPF 0 0 0 0 0 0 0 0 0 0 0 0 0

Professional Tax 1800 150 150 150 150 150 150 150 150 150 150 150 150

TDS 0 0 0 0 0 0 0 0 0 0 0 0 0
Total 19080 1590 1590 1590 1590 1590 1590 1590 1590 1590 1590 1590 1590

C) Recoveries

Exgratia Recovery 0 0 0 0 0 0 0 0 0 0 0 0 0

Other Recovery 0 0 0 0 0 0 0 0 0 0 0 0 0

Excess Salary
0 0 0 0 0 0 0 0 0 0 0 0 0
Amount

Total 0 0 0 0 0 0 0 0 0 0 0 0 0

C.i) Perquisites 0

D) Total income before exemptions(A-C+C.i) 212794

Note: Least value of 1,2,3 is considered for

E) HRA Exemption (Section 10) 0
exemption

1) Actual HRA received 45924

2) 40% of Basic (non metro city) 57600

3) Annual rent paid - 10% of basic 0

F) Deductions under section 80C Note: Maximum limit of 80C deduction is

17280
(sum of below components) 1,50,000

Employee PF 17280

VPF 0

G) Deductions under other section 80

0
(sum of below components)
80D (Medical Insurance) 0

H) Interest on Home loan 0

Note: Least value of 1 and 2 is the considered LTA

I) Leave Travel Allowance 0
exmeption

1) LTA declared by employee 0

2) LTA provided by employer 0

J) Deduction under Section 16

51800
(sum of below components)

Standard Exemption: Sec 16(iii) 50000

Professional Tax: Sec 16(ia) 1800

K) Income after exemptions (D-E-F-G-H-I-J) 143714

L) Previous Employer Income (Total Income -

0
PF - PT)

Total Income 0
PF 0

PT 0

M) Net Taxable Income (K+L) 143714

N) Calculated Income Tax 0

O) Rebate under 87A 0

P) Total tax to be paid (Income Tax + Cess +

0
Surcharge)
Income Tax (N-O) 0

Health & Education Cess (4%) 0

Surcharge 0

Q) Tax paid till date

0
(sum of below components)

Deduction through BetterPlace Select payroll 0

Deduction by previous employer 0

R) Relief under section 89 0

Note: if balance tax is in negative, then it is an excess tax deducted which is to be claimed through form
S) Balance Annual Tax to be recovered (P-Q-R) 0
16

T) Remaining Number of Months 4

U) Monthly tax to be deducted througout

0
remaining months (S/T)

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