Old Regime

Name of Employee : BOSE N PAN : APMPN6372D

Designation & Office : SENIOR INSTRUCOR, GOVERNMENT ITI ATTINGAL Cat: Others
1 i) Gross Salary (a+b+c) 725498
a) Salary as per Section 17(1) 725498
b) Value of Perquisites 0
c) Profits in lieu of salary under section 17(3) 0
Less Recoveries Like Dies Non, Excess Pay Drawn, etc 0
Balance 0 725498
ii) Less Allowances to the extent excempt u/s 10 (First inclued it in salary)
HRA in the case of persons who actually incur expenditure by way of Rent
a) Actual HRA Received 0
b) Rent paid in excess 1/10th of the salary 0
c) 40% of Salary (Salary means Basic + DA) 0
(a) to (c) whichever is least is exempted 0
Other Allowances to the extent exempt u/s 10 0 0
iii) Net Salary ( i-ii) 725498
iv) Deduction u/s 16 (iv-a + iv-b + iv-c ) 52500
a) Standard Deduction 50000
b) Entertainment Allowance 0
c) Professional Tax 2500
v) Income Chargeable under the head Salaries (iii-iv) 672998
2 Income from House Property () 0
(Net Annual Rent - Municipal Tax) -30% - Ineterest on Housing Loan
Max Loss Allowed 2Lac 0
3 Income from Business 0
4 Income from Capital Gains 0
5 Income from Other Sources : Interest on Savings Bank Deposits 0 0
Interest on Fixed / Term Deposits 0
Any Other - 0
6 Gross Total Income (Total of 1 to 5) 672998
7 A - Deduction under section 80C
a) Life Insurance Premia of self, spouse and children 67740
b) Purchase of NSC VII issue 0
c) State Life Insurance Policy (SLI) 18000
d) Group Insurance Scheme (GIS) 9600
e) Contribution towards approved Provident Fund including PPF 60000
f) Tax saver Fixed Deposits in bank / Post Office ( 5 years or more) 0
g) Deposit scheme or pension fund set up by NHB 0
h) Tuition Fees ( Paid to university, college, school or educational institution
situated within India for full time education to any two children) 0
i) Housing Loan Repayment(Principal),Stamp duty paid for purchase 0
j) Subscription to equity shares or debentures of an eligible issue 0
k) Subscription to eligible units of Mutual Fund 0
l) GPAIS 875
m) Any Others Items-2 0
B Contribution to Pension Fund (80CCC) 0
C NPS (Total :0). Deducion U/s 80CCD(1) (Max.10% of Basic+DA of this Yr) 0
Totalto
Contribution Deduction u/s 80 CCE(Max
NPS u/s 80CCD(1B) (A+B+C) =156215
Rs.50,000)
150000
 8 a) Contribution to NPS u/s 80CCD(1B) (Max Rs.50,000) 0
b) Mediclaim ( Maximum of Rs.25,000 for self, spouse, dependent children and
Rs.25000 for Parents. if Parents are senior citizens Rs. 50,000) U/s 80D 6000
c) Expenditure on Medical treatment of mentally or physically handicapped
dependents (including the amount deposited in their name. ( Max.
Rs. 75,000/- in case of 80% disability max. Rs.1,25,000) U/s 80DD 0
d) Expenditure on medical treatment of the employee/dependent for specified diseases
or ailment like cancer, AIDS, etc. ( Max. Rs.40,000/- in case of treatment is made to a
person who is a senior citizen Rs.1,00,000) U/s 80DDB 0
e) Interest paid for Educational Loan for higher education U/s 80E 0
f) Donation to various charitable and other funds including PM's National Relief Fund 80-G 0
g) Deduction for interest on loan taken this year for residential house property (80EE) 13432
h) Interest on loan taken for purchase of Electronic Vehicles (80EEB)-Max 1.5 Lakhs 0
i) Dedution for Handicapped Employees (80U) 0
j) Contribution made to Political Party (80GGC) 0
k) Deduct Rent Paid (If not receiving HRA and incuring Rent) (80GG) 0
l) Deduct Interest on SB Deposit (Max.Rs.10000 u/s 80TTA) 0
Total of (a) to (l) 19432
9 Total Deduction (7+8) 169432
10 Total Income (6-9) (Rounded to the nearest multiple of ten as per Sec. 288 A ) 503570
11 Tax on Total Income 13214
12 Less : Rebate u/s 87A 0
13 Income Tax after Rebate 13214
14 Health and Education cess @ 4% of 13 529
15 Total Tax Payable (13+14) 13743
16 Less : Relief for Arrears of Salary u/s 89(1) 0
17 Balance Tax Payable (15-16) 13743
18 Total Amount of Tax already deducted 0
19 Balance Tax to be paid 13743
20 Monthly TDS = Rs.13743/10 Months 1374
ATTINGAL THIRUVANANTHAPURAM Signature
29-03-2023 BOSE N
SALARY PARTICULARS - 2023-24
Month Basic DA HRA CCA Other Gross PF SLI GIS LIC NPS M.Sep Ded
Mar-23 52600 3682 3156 59438 5000 1500 800 5645 500 13445
Apr-23 52600 3682 3156 59438 5000 1500 800 5645 500 13445
May-23 52600 3682 3156 59438 5000 1500 800 5645 500 13445
Jun-22 52600 3682 3156 59438 5000 1500 800 5645 500 13445
Jul-23 52600 3682 3156 59438 5000 1500 800 5645 500 13445
Aug-23 53800 3766 3228 60794 5000 1500 800 5645 500 13445
Sep-23 53800 3766 3228 60794 5000 1500 800 5645 500 13445
Oct-23 53800 3766 3228 60794 5000 1500 800 5645 500 13445
Nov-23 53800 3766 3228 60794 5000 1500 800 5645 500 13445
Dec-23 53800 3766 3228 60794 5000 1500 800 5645 500 13445
Jan-24 53800 3766 3228 60794 5000 1500 800 5645 500 13445
Feb-24 53800 3766 3228 60794 5000 1500 800 5645 500 13445
Sal.Arr 0 0
DA Arr 0 0
PR Arr 0 0 0
Earned Leave Surrender 0
Festival Allowance 2750
Total 639600 44772 38376 0 0 725498 60000 18000 9600 67740 0 6000 161340
Details of Tax already paid
Mar-23 Apr-23 May-23 Jun-23 Jul-23 Aug-23 Sep-23 Oct-23 Nov-23 Dec-23 Jan-24 Feb-24 Other Direct Bank

Printed on 29-03-2023 at 12:45:50 Easy Tax : by alrahiman