Income Tax Calculator FY 2012-13

INCOME TAX CALCULATION SHEET FOR FINANCIALYEAR 2012-2013
Shri/Smt OFFICE & ADDRESS NAME OF EMPLOYER Heads / Pay Month > Revised Basic Pay Grade Pay / D.P. Total Dearness Allowance House Rent All. C.L.A. Conveyance All. Other Allow. / Arrears Other Allow. / Arrears Total Salary Tax Deducted House Rent Paid POST PAN S/o. Jun-12 H.R.A. 10% TAN OF DEDUCTOR DESIG. Sep-12 Oct-12 Nov-12 Con.All. PLACE Dec-12 GSLI

Mar-12 -

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Jan-13 -

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Parameters Are You Residing at any Metro? Total Contribution to GPF Professional Tax deducted [u/s 16(ii)] Assessee's Gender Assessee's Date of Birth TAX PAYABLE AFTER TDS Exempted Allowance House Rent All. [u/s 10(13A)] Conveyance All. Interest on House Loan [u/s 24(2)] Education Allowance Leave Travel Allowance MLWF / Flag Relief u/s 89 Total

Under Sec.80C Head Amount G.P.F. G.S.L.I. LIC Male Repay.of House Loan (Prin.Amt.) 06/06/61 Not Applicable School Going 100 - Study in Hostel 300 Total Income from Other Sources From House Property Agricultural Income Interest on S.B. A/c./P.O. Interest on N.S.C. No

Saving Details (Chapter VIA) 30% 20% Head Amount Max.Lim Exm.Amt. 10% U/s.80C 100000 100000 U/s.80CCC 100000 U/s.80CCD 800 U/s.80CCG 50000 400 U/s.80D 20000 150 U/s.80D 20000 50000 U/s.80DD 120 U/s.80DDB 40000 60 U/s.80DDB 60000 30 U/s.80E 15 U/s.80G U/s U/s U/s U/s Total

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Signature Shri/Smt

STATEMENT SHOWING THE CALCULATION OF INCOME TAX FOR THE FINANCIAL YEAR 2012-13 ASSESSMENT YEAR : 2013-2014
From: Shri/Smt Post: To Code Gender: Male PAN: FALSE

Sub: Submission of the I.T. Form for F.Y. 2012-2013 & A.Y. 2013-2014 Sir, I undersigned submitting the Tax-Plan for the F.Y. 2012-2013 (i.e. Assessment Year 2013-2014) for the purpose of deduction of Income Tax from my current years salary and other emoluments. A. INCOME FROM SALARY: 1. Revised Basic Pay 2. Grade Pay / A. G. P. 3. Total 4. D. A. 5. H.R.A. 6. C.L.A. 7. Conveyance Allowance 8. Other Allow. / Arrears 9. Other Allow. / Arrears B. TOTAL C. Less u/s. 10 Conveniance Allowance (u/s. 14) Professional Tax (u/s. 16 (III)) House Rent All. exemption [u/s 10(13A)] MLWF / Flag TOTAL D. INCOME UNDER HEAD SALARY (B - C) E. INCOME FROM HOUSE PROPERTY LESS: INTEREST ON HOUSE LOAN U/S. 24 F. INCOME FROM OTHER SOURCES From House Property Interest on S.B. A/c./P.O. R.D. Interest on N.S.C. TOTAL G. GROSS TOTAL INCOME (D+E+F) H. DEDUCTIONS UNDER CHAPTER VI-A Section 80C G.P.F. G.S.L.I. LIC Repay.of House Loan (Prin.Amt.) रु रु रु रु रु रु रु रु रु रु रु रु रु रु रु रु रु रु रु रु रु रु रु रु

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Page 2 of 6

STATEMENT SHOWING THE CALCULATION OF INCOME TAX FOR THE FINANCIAL YEAR 2012-13 ASSESSMENT YEAR : 2013-2014
From: Shri/Smt Post: U/s.80CCC U/s.80CCD U/s.80CCG U/s.80D U/s.80DD U/s.80DDB U/s.80E U/s.80G U/s TOTAL TOTAL INCOME TAXABLE (G - H) I. AGRICULTURAL INCOME J. TAX ON ABOVE INCOME K. 3% EDUCATIONAL CESS TOTAL "TAX" Or Say L. LESS: RELIEF U/S. 89 (I) (Attach details) M. NET TAX PAYABLE N. LESS: TAX ALREADY PAID (Upto January-2013) O. BALANCE TAX PAYABLE / REFUNDABLE P. NET PAYABLE /REFUNDABLE Code Gender: Male PAN: रु रु रु रु रु रु रु रु रु रु FALSE

रु रु रु रु रु रु रु रु रु रु रु रु

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I, solemnly declare and undertake that the information given above is correct and complete.

Place: Date: 1/30/2013

Signature Shri/Smt

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Page 3 of 6

"FORM NO.16"
[See rule 31 (i)(a)] PART A Certificate under section 203 of the Income-tax Act, 1961 for Tax Deducted at source on Salary Name and address of the Employer Name and Designation of the Employee Shri/Smt PAN of the Dedutor TAN of the Deductor PAN of the Employee Assessment Year 2013-2014 Period To 31-Mar-2013

CIT(TDS) Address : ITO, WARD-3(1), NANDED City : Quarter PIN

From 01-Apr-2012 Summary of tax deducted at source in respect of Deductee

Receipt Numbers of original statements Amount of tax deducted in respect of emloyee of TDS under sub-section (3) of section 200 Quarter 1

Amount of tax deposited/remitted in respect of the employee

Quarter 2 Quarter 3 Quarter 4 Total PART B (Refer Note 1) DETAILS OF SALARY PAID AND ANY OTHER INCOME AND TAX DEDUCTED 1. Gross Salary (a) Salary as per provision contained in sec.17(1) (b) Value of perquisites u/s 17(2) (as per Form No. 12BB, wherever applicable) (c) Profits in liew of salary under section 17(3)(as per Form No.12BB, wherever applicable) (d) Total 2. Less:Allowance to the extent exempt u/s 10 Allowance Rs. Convenyance Allowance H.R.A. MLWF / Flag 3. Balance(1-2) 4. Deductions : (a) Entertainment allowance (b) Tax on employment 5 Aggregate of 4(a) and (b) 6 7 Income chargeable under the head 'salaries' (3-5) Add: Any other income reported by the employee Income From House Property Agricultural Income Interest on S.B. A/c./P.O. R.D. Interest on N.S.C. Gross total income (6+7) Deductions under Chapter VIA (A) sections 80C,80CCC and 80CCD (a) Section 80C G.P.F. G.S.L.I. LIC Repay.of House Loan (Prin.Amt.) रु रु रु रु -

रु

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Gross Amount रु रु रु रु रु रु रु रु रु रु रु रु - रु

(b) U/s.80CCC (c) U/s.80CCD (d) U/s.80CCG (Rajiv Gandhi Equity Saving Scheme) Note:1. Aggregate amount deductible under section 80 C shall not exceed one lakh rupees. 2. Aggregate amount deductible under the three sections, i.e. 80C, 80CCC, 80 CCD shall not exceed one lakh rupees. [email protected] 4/6

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2. Aggregate amount deductible under the three sections, i.e. 80C, 80CCC, 80 CCD shall not exceed one lakh rupees. (B) other sections (e.g.80E, 80G etc) under Chapter VIA (i) U/s.80D Mediclaim Insurance Policy (ii) U/s.80DD Rehab.of Handicapped Dependent (iii) U/s.80DDB Medical Exp.on Self or Dependent (iv) U/s.80E Interest on Loan for Higher Studies (v) U/s.80G Deductions for Donations (vi) U/s

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Gross Amount

Qualifying amount

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Deduct. amount

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10 Aggregate of deductible amount under Chapter VIA 11 Total Income (8-10) 12 Tax on total income 13 Education cess @ 3%(on tax computed at S.No. 12) 14 Tax Payable (12+13) 15 Less: A) Relief under section 89 (attach details) Less: B) TAX ALREADY PAID (Upto January-2013) 16 Tax Payable (14-15)

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VERIFICATION I, , son of , working in the capacity of (designation) do hereby certify that a sum of Rs. 0/- Rupees Zero and Paise Zero Only (in words)] has been deducted at source and paid to the credit of the Central Government. I further certify that the information given above is true and correct based on the books of accounts, documents and other available records.

Signature of person responsible for dedcution of tax Place: Date : Full Name: Designation:

January 30, 2013

ANNEXURE - B
DETAILS OF TAX DEDUCTED AND DEPOSITED IN THE CENTRAL GOVERNMENT ACCOUNT THROUGH CHALLAN (The Employer to provide payment wise details of tax deducted and deposited with respect to the employee) Sr. No. Tax Deposited in respect of the employee Challan identification number (CIN) (Rs.) BSR Code of the Date on which tax Challan Serial Number Bank Branch deposited 1 2 3 4 5 6 7 8 9 10 11 12 Total Note: (1) In the column for TDS, give total amount for TDS, Surcharge (if applicable) and education cess. [email protected] 5/6

H.R.A. CALCULATIONS HOUSE RENT ALLOWANCE EXEMPTION U/S 10(13A) Name: Shri/Smt Post:

A)

Actual H.R.A. received

B)

Rent paid (-) 10% of Basic Pay including 50% Grade Pay (-)

=

C)

40% of Basic Pay + 40% Grade Pay

The amount exempted for H.R.A. is least of above A, B or C Hence H.R.A. exempted is
50% of Basic Pay + 50% Grade Pay 40% of Basic Pay + 40% Grade Pay

Signature Shri/Smt