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  • Computation Santosh Kumar FY 2014-15 DT 10.03.2015

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    Rajkishor Kumar's tax return summarizes his income and tax liability for the financial year ending March 2023. His only income was Rs. 480,000 from business and other income of Rs. 1,595, totaling Rs. 481,600 in net taxable income. After accounting for deductions under sections 80C to 80U, his net income tax amount due was Rs. 0.

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    Computation Santosh Kumar FY 2014-15 Dt 10.03.2015

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    Rajkishor Kumar's tax return summarizes his income and tax liability for the financial year ending March 2023. His only income was Rs. 480,000 from business and other income of Rs. 1,595, totaling Rs. 481,600 in net taxable income. After accounting for deductions under sections 80C to 80U, his net income tax amount due was Rs. 0.

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    7 views3 pages

    Computation Santosh Kumar FY 2014-15 DT 10.03.2015

    Uploaded by

    santoshkumar011
    Rajkishor Kumar's tax return summarizes his income and tax liability for the financial year ending March 2023. His only income was Rs. 480,000 from business and other income of Rs. 1,595, totaling Rs. 481,600 in net taxable income. After accounting for deductions under sections 80C to 80U, his net income tax amount due was Rs. 0.

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    © All Rights Reserved
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    of 3

    NAME : RAJKISHOR KUMAR

    FATHERS' NAME : Harishankar Mahto


    ADDRESSOF THE ASSESSEE : Harishankar Maniyari, Muzaffarpur Bihar - 843119
    FATHERS' NAME : Sh. Harishankar Mahto
    DATE OF BIRTH : 10-01-1986
    FINANCIAL YEAR ENDING : 31.03.2023
    ASSTT. YEAR : 2023-24
    PAN NO. : CADPK92AAQ

    COMPUTATION OF TAXABLE INCOME

    A. SALARY INCOME

    Basic -
    HRA -
    Conveyance Allowance -
    Special Allowance -
    Bouns - -
    Less Exempted
    HRA -
    Conveyance Allowance - -
    Taxable Income -

    B. Income From Business and Profession 480,000.00


    (Other Income) 1,595.00

    Less: Deductions u/s 80C to 80U :


    PPF -
    LIC - -

    NET TAXABLE INCOME 481,600.00

    NOTES ATTACHED TO & FORMING PART OF RETURN OF INCOME

    1. Income tax on Rs. 481,600.00 comes to Rs. -

    Rebate of Tax (u/s 87) 0

    Net Income Tax -

    Add: Surcharge

    Add: Health and Education Cess -

    Tax Due / Refund -


    HRA
    Actual house rent allowance received from your employer
    Actual house rent paid by you minus 10% of your basic salary
    50% of your basic salary if you live in a metro or 40% of your basic salary if you live in a non-metr
    Amount
    60000 Minimum
    83100
    64500

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