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7/29/2019 IT Calculator,Mohandas 2013
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Developed for Multimedia Centre
Sree Neelakanta Govt. Sanskrit College, Pattambi
Income Tax Calculator(Incorporating Indian IT Act 1962)
Click here
forinstructions
by : vk.muralidharan [email protected]
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``
INCOME TAX CALCULATORPlease read carefully the instructions given below
before entering the data in the 'Form'
CLICK HERE TO USE THE CALCULATOR
Enter the data only in the 'Form' .
Do not try to enter any data directly in the 'Statement'.
Changes in the data should be done only in the 'Form' .
Do not try to make the data change in the 'Statement'
I do not claim that this calculator is perfect in all respect and free from
minute problems. But this is my sincere attempt by integrating
all aspects regarding the tax calculation of a salaried employee.
If you face any problem please do not hesitate to contact me.
v.k.muralidharan (ph : 9447476854)
Columns which are not applicable to you should be filled with '0 ' .
Column '3' & '6' are very important. Do not leave these columns empty.
It is not necessary to give Salary, DA, HRA, Other allowancesseperately. You can give the sum of all these items as a single
item in column '10' directly. But those who reside in a rentedhouse and eligible for the deduction of HRA should show
all the above items seperately as per the columns in the 'Form'.
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Form
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I
1
23
4
6
7 (a) PAN : (b) TAN :
9
II
10
11
12
13
14
15
16
III
17 No : EDN323338
18
19
20
21
22
23
24
25
26
28 No :
29
21342
60000
0
0
0
NSC
LIC Premium (Direct Payment)
CHNS00784A
Arrear DA Merged to PF
Profession Tax Paid 2500
Circle of filing Income Tax Return PALAKKAD
Arrear Salary Received
If availed after 31/3/99
8904
0
128000GPF Contribution
Other Allowances (CCA/PG/Risk/Uniform etc.)
526576
GIS Premium
LIC Premium (Salary deduction)
FBS
Income Tax deducted from Salary Bill
5 Office / DepartmentCollegiate Education Dept.
Govt. College Chittur, Palakkad
FORMAT FOR THE PREPARATION OF INCOME TAX
CALCULATION STATEMENT FOR 2012-13
General Information :
Designation
MOHANADASAN T.
Yes
13200
Male
Assistant Professor
Name
Are you a Gazetted Officer ?Sex
21342Arrear DA Received
7000
Are you residing in rented house ? Yes
AMQPM3617D
Name & Address of EmployerDirector of Collegiate Education, TVP
496071
Public PF
8
Total Salary during the year (Basic Pay+DA)
HRA 7163
Recoveries & Other Payments :
0Surrender Leave Salary Received
0
27Interest on
Housing Loan
0
0
If availed before 31/3/99
4900
0
SLI Premium
Actual Rent Paid (if residing in rented house)
Total
Salary & Other Particulars :
2000Bonus/Festival Allowance received
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31
32
33
34
35
36
37
IV
38
39
40
41
42
43
44
45
Date:
30000 21691 100000 0 30000 21691
0
Eductional expenses of children(for 2 children) 0
0
Place : 3/21/2013Chittur
Other Deductions :
Medical I nsurance Premium u/s 80 D :
(Max. Rs. 15000/- or 20000/- as the case may be)
Equity shares & debentures
Any other deductions
Mutual funds
Investment in Long term Infrastructure Bond of IDBI, ICICI etc. (For claiming addition deduction of up to Rs. 20000)
0
Contribution toPolitical Parties u/s 80GGC
GPAI 200
Pension Fund (LIC/UTI etc.) 0
Repayment of Housing loan 0
Donation to certain funds, charitable institutions etc. :
(100% in the case of Special Funds & 50%in other cases)
0
0
0
Repayment of I nterest on loan taken for higher education u/s 80 E :
0
0
Contribution to Pension scheme of Central Govt. Employees 0
SUBMIT
0Deduction inrespect of persons with disability :
(Rs. 50000/- or Rs. 100000/- as the case may be)
0Relief u/s 89(1)
0
Maintenance and Medical treatment of Handicapped
Dependent u/s 80 DD :
(Max. Rs. 50000/- or 100000/- as the case may be)
Medical treatment for certain specified disease or
ailment u/s 80 DDB : (Maximum of Rs. 40000/-
and Rs. 60000/- as the case may be)
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`
Title Page
Instructions
Tax Statement
Form 16
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Yes Sex : Male
TAN :
1 526576
2
7163
10392.9
198428.4 7163
3 519413
4 2500
5169135
0
6 516913
7
..
128000
21342
4900
..
70008904
..
..
..
..
..
..
200
170346
(b) 80CCC 0
(c) 80CCD 0 0
(d) 80CCE 100000
(e) 80CCF 0
100000 100000
416913
x) Mutual funds
xiii) Certain equity shares and debentures
Pension fund (Annuity plan of LIC or any other insurer)
Gross Total I ncome
Deduction as per Chapter VI A U/s (a) 80 C :
i) Public Provident Fund : No.
Less Profession Tax u/s 16(iii)
Deduct : Interest on Housing Loan(Maximum Rs. 30000/- orRs. 150000/- as the case may be)
INCOME TAX CALCULATION STATEMENT
FOR THE YEAR 2012-13
Name : MOHANADASAN T. Office/Institution/Department :
Govt. College Chittur, PalakkadWhether Gazetted :
ii) General Provident Fund : No. EDN323338
iii) Arrear DA merged to GPF
v) FBS
GPAI
vi) State Life Insurance
xi) Repayment of Housing Loan
xii) Educational expenses of children
vii) LIC Premia (salary deduction) Pol. Nos:
viii) LIC Direct Premia- Pol. Nos.
ix) NSC
iv) Group Insurance Scheme
The aggregate amount of deductions u/s 80C, 80CCC,80CCD
shall not, in any case exceed One Lakh Rupees
xiv) Any other item (specify)
Investment in Long Term Infrastructural Bonds notified by the
Central Govt. (Additional deduction upto Rs. 20000)
Aggregate Deduction u/s 80CCE + 80CCF
(Limited to maximum of Rs. 100000 / 120000 as the case may
Contribution to pension scheme of Central Govt.employees
entering the service on or after Jan.2001
Total Deductions u/s 80C
Designation :
(iii) 40% of salary
Balance Gross Income (1 - 2)
(ii) Rent paid in excess of 10% of salary(Pay + DA))
Assistant Professor Collegiate Education Dept.
(i) Actual HRA received
Total Salary Income (Pay+DA+HRA+Other allowances exceptPTA/PCA and inclusive of Surrender Leave Salary, Bonus/Spl.
Festival allowances and Arrears of DA/pay and other allowances)
PAN : AMQPM3617D CHNS00784A
Deduct : HRA-Least of the following if residing in rented house :
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(e) 80D..
(f) 80DD..
(g) 80DDB..
(h) 80E..
(i) 80G..
(j) 80GGC..
(k) 80U..
0 0
8 416910
9
21691
0
021691 21691
10 651
11 22342
12..
13 22342
14 13200
15 9142
Signature of the Officer in the case of Gazetted Officer.
Total
Less Tax deducted from the salary bill
Tax Payable
Net Taxable Income(Rounded to nearest ten)
Income Tax on Total Income :Upto Rs. 200000/- : Nil
Deduction inrespect of persons with disability :
(Rs. 50000/- or Rs. 100000/-
500001/- to 1000000/- : 20% of total income exceeding Rs. 500000/-
Less Relief u/s 89(i)
Balance Tax
Maintenance and Medical treatment of Handicapped Dependent
(Max. Rs. 50000/- or 100000/- as the case may be)
Medical treatment for certain specified disease or ailment
(Maximum of Rs. 40000/- and Rs. 60000/- as the case may be)
Medical Insurance Premium (Max. Rs. 15000/- )
200001 to 500000/-
Repayment of interest on loan taken for higher education
Donation to certain funds, charitable institutions etc.:
: 10% of total income exceeding Rs. 200000/-
Total
Contribution to Political Parties :
Total Tax
Above Rs. 1000000/- : 30% of total income exceeding Rs. 1000000/-
Place :Chittur
Date:41354
Add Educational Cess(3% of tax )
Signature of the Head of Office in case of NGO
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< BACK TO FORM
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From To
01/04/12 31/03/13
1 Gross Salary 519413
2 Less Allowance to the extent under section 10
3 Net Salary Income (1-2) 519413
4 Add : Any other income reported by the employee
(a) Agriculture Income
(b) Income from house property
(c) Other specify
Total
5 Total Income (3-4) 519413
6 Deductions : (Under section 16)
(a) Tax on employment 2500
(b) Entertainment allowance
Total 6 (a+b) 516913
7 Under section 24
Interest on HBA 0
8 516913
9 Under section 80 - C
8904
..
128000
..
213427000
4900
..
..
..
..
..
l) Mutual Fund ..
m) others 200
170346
d) Arrear DA
h) HBA
c) PPF Contribution
Statement under section 206 is to be filed
g) FBS
Gross Total Income
CHNS00784A
(ii) Direct Payment
PAN : AMQPM3617D
FORM 16
[See Rule 31(1)(a)]
CERTIFICATE UNDER SECTION 203 OF THE INCOME TAX, 1961 FOR
TAX DEDUCTED AT SOURCE FROM INCOME CHARGEABLE UNDER
THE HEAD "SALARIES"
Name and address of the Employer : Name and Designation of the Employee :
PALAKKAD
Collegiate Education Dept.
0
MOHANADASAN T.
2013-2014
Assessment YearPeriod
a) LIC ( i) Salary Deduction
j) Equity Shares/Debentures
e) SLI
i) Tution Fee paid (Limited to 2 Children)
k) NSC VIII Issue
TAN :
b) GPF Contribution
d) GIS
Total
Assistant Professor
DETAILS OF SALARY PAID AND ANY OTHER INCOME TAX DEDUCTED
Director of Collegiate Education, TVPM
Govt. College Chittur, Palakkad
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10 Under section 80 - CCC 0
11 Under section 80 - CCD 170346 0
12 Under section 80 - CCF 0
13 100000
14 Under section 80 - D ..
15 Under section 80 - DD ..
16 Under section 80 - DDB..
17 Under section 80 - E ..
18 Under section 80 - G ..
19 Under section 80 - U ..
20 ..
21 Total of item 12-17 0
22 100000 100000
23 416910
24 21691
25 651
26 22342
27 ..
28 22342
29 22342
30 Nil
and other available records.
Signature of the person
responsible for deduction of tax
Place :
Date :
DETAILS OF TAX DEDUCTED AT DEPOSITED INTO CENTRAL GOVERNMENT ACCOUNT
Name of Bank & Branch
where tax DepositedAmount Date of Payment
Educational Cess @ 3%
Balance Tax to be paid / refunded
Under section 80 - GGC
Tax already paid / deducted
Total amount of deduction (item 8 to 12) Limited to 100000/120000
Balance Tax
Less Relief u/s 89(i)
Income taxpayable
Taxable Income (8-22) (Rounded to nearest ten rupee)
Total deduction admissible (13+21)
Total Tax Payable (24+25)
Designation ...........................................................
22342
I ..............................................................................................Son of ...............................................................................
Name......................................................................
I further certify that the information given above is true and correct based on the book of accounts, documents
.........................................(in words) has been deducted at source and paid to the credit of the Central Government.
certifying that a sum of Rs......................................(Rupees.....................................................................................
working in the capacityy of .................................................................................................(Designation) do hereby
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Statement Form
< Back to
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