INCOME TAX CALCULATION SHEET FOR THE FY 2023-24 AY 24-25

NAME: PAN:
Details of Salary Paid and any other Income and tax deducted
1 Gross Salary
(a) Salary as per provisions contained in Section 17(i) Salary+DA+HRA Rs. 0.00
(i) Salary 0.00 0.00
(ii) DA 0.00 0.00
(iii) HRA 0.00 0.00
(iv) 10% Arear Salary 0.00 0.00
(v) Contribution by employer to the NPS(80CCD(2)) 0.00 0.00
(vi) Any other income received mention (Remuneration) 0.00 0.00 0.00
(b) Value of perquisites under section 17(2) (as per Form No. 12BA, wherever
applicable) 0.00 Rs. 0.00
(c) Profits in lieu of salary under section 17(3)(as per Form No. 12BA, wherever
applicable) 0.00 Rs. 0.00
(d) Total Rs. 0.00
(e) Reported total amount of salary received from other employer(s) 0.00 0.00
2 Less: Allowances to the extent exempt under section 10 Rs.
(a) Travel concession or assistance under section 10(5) Rs. 0.00
(b) Death-cum-retirement gratuity under section 10(10) Rs. 0.00
(c) Commuted value of pension under section 10(10A) Rs. 0.00
(d) Cash equivalent of leave salary encashment under section 10(10AA) Rs. 0.00
(e) House rent allowance under section 10(13A) Rs. 0.00
(f) Amount of any other exemption under section 10 Rs. 0.00
(h) Total amount of exemption claimed under section 10 Rs. 0.00
3 Total amount of salary received from current employer[1(d)-2(h)] Rs. 0.00
4 Less: Deduction under section 16
(a) Standard Deduction Rs. 50000.00
(b) Entertainment allowance uner section 16(ii) Rs. 0.00
(c ) Tax on employment uner section 16(i) Rs. 2500.00
5 Total amount of deduction under section16 Rs. 52500.00
6 Income chargeable under the head "Salaries"[(3+1(e)-5] Rs. -52500.00
7 Add: Any other income reported by the emploee under section192(2B)
(a)
Income (or admissible loss) from house property reposted by employee Rs. 0.00
(b) Income under the head Other Sources offered for TDS Rs. 0.00
8 Total amount of other income reported by the employee[7(a)+7(b)] Rs. 0.00
9 Gross total income (6+8) Rs. -52500.00
10 Deduction under Chapter VI-A
(a) Deduction in respect of lic premia,contribution to PF,PLI etc section 80C
LIC (O+P)=, PLI=,PPF=, SSY= Rs. 0.00 Rs.
(b) Deduction in respect to pension funds under sec.80CCC Rs. 0.00 Rs.
(c) Deduction for contribution by tax payer under 80CCD(1),pran()u/s 80CCD(IB) Rs. Rs.
(d ) Total Deduction U/s 80C,80CCC & 80CCD(1) Rs. 0.00 Rs. 0.00
(e ) Deduction notified pension scheme U/s 80CCD(1B) Rs. 0.00 Rs. 0.00
(f) Deduction of contribution of Employer to pension scheme U/s 80CCD(2) Rs. Rs.
(g) Deduction U/s 80D Health Insurance Rs. 0.00 Rs. 0.00
(h) Deduction U/s 80E Interest on loan taken for higher study Rs. 0.00 Rs.
 Gross Qualifying Deductible
Amount Amount Amount
(i) Total Deduction in respect of donations to certain funds, charitable
Institutions etc.U/s 80G Rs. 0.00 Rs. Rs.
(j) Deduction in respect of intrest on deposits in Saving Account U/s 80TTA Rs. 0.00 Rs. 0.00 Rs. 0.00
(k) Amount deductible under any other provision(s) of Chapter VI-A
Section 80DDB Rs. 0.00 Rs. Rs. 0.00
Section 80GG Rs. 0.00 Rs. Rs. 0.00
Section Rs. 0.00 Rs. Rs. 0.00
Section Rs. 0.00 Rs. Rs. 0.00
(l) Total amount deductible Under Chapter VI-A Rs. Rs. Rs. 0.00
11 Aggregate of deductible amount under Chapter VI-A Rs. 0.00
12 Total Taxable Income (9-11) Rs. -52500.00
13 Tax on Total Income Rs. 0
14 Rebate U/s 87A, if applicable Rs. 0.00
15 Surcharge Where ever applicable Rs. 0.00
16 Health and Education Cess Rs. 0.00
17 Tax Payable (13+15+16-14) Rs. 0.00
18 Less: Relief U/s 89 (attach details) Rs. 0.00
19 Net tax Payable (17-18) Rs. 0.00
20 Tax paid Rs. 0.00
21 Tax to be deducted from salary Rs. 0.00
22 Total Payble(+) or Refundable(-) SAY Rs. 0

Signature of the Employee

Counter Signature of the D.D.O

 NAME:
Income Tax Calculator FY 2023-24 (AY 2024-25
Head Description
Net Income
Salary and Other Income
under Salaries
Standard Deduction Allowed
Taxable Income

Tax Slab Slab Income

Income Tax Male, Female, Sr. Citizen>60, Very Sr. Citizen>80 -
Payee Type No Diffrence in Tax Slab
300,000 0
600,000 -
900,000 -
1,200,000 -
1,500,000 -
1,500,000 -
15,00,000+ -
Tax on Total
Income
Education Cess
Tax Liability
with Cess
89(1) RELIEF

TAX PAID
TAX TO BE PAID (+) /REFUNDABLE(-)
 0

3-24 (AY 2024-25)

Amount in Rs.

0.00

50000.00
(50000.00)

Tax Rate Tax Amount

Male

0% 0.00
5% 0.00
10% 0.00 -
15% 0.00
20% 0.00
25% 0.00
30% 0.00

Output 0.00

4% 0.00

Output 0.00

0.00
0.00
0.00
0