Tgpala Aicte Income Tax Programme 2015 16 UPDATED

7/25/2019 Tgpala Aicte Income Tax Programme 2015 16 UPDATED

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80U

Main features of thi

1. New section

2. Rs.20,000/- c

. Rs.20000/- !i

&. 'enure o# t(e

+. However !oc

. #ter loc in

. ssuer o# t(e

8. 4er"anent a

5ection 80CCF

9a: Na"e o# t(e9b: ssuer o# t(e

9i: ndustrial Fin

.


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9ii: !i#e nsuranc

9iii: n#rastructu

9iv: a Non-)ani

9c: !i"it on issu

9i: '(e bond will

9iii: Bnvest"ent9d: 'enure o# t(

9ii: t(e "ini"u

9iv: t(e bond s(

9e: 4er"anent

-

-


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nload Use the sheet by Copying the ORIGINAL Sof

Payment of medical insurance premia. Deduction is available upto Rs. 10,000

Deduction of Rs. 40,000 in respect of medical expenditure incurred

Donations to certain funds,charitable institutions etc.

Deduction available is the least of(i) Rent paid less 10 of total income

(ii) Rs. !,000 per month

(iii) !" of total income

#nterest$Dividend$#ncome from %

b) &', #, ## * ### issues

Nature of Deduction

Payment of premia for annuity +he premium must plan of # or any other insurer, bedeposited to -eep Deduction is available upto a in force a contract for maximum of Rs.

10,000

Deduction of Rs. 40,000 in respect of a) expenditure incurred on medical treatment,(includin nursin), trainin and rehabilitation of a handicapped dependent relative.

b) Payment or deposit to specified scheme for maintenance of dependent handicappedrelative

Deduction in respect of repayment of loan ta-en upto Rs. 40,000 per year.

a) any /ovt. 'ecurity (entral or 'tate)


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h) deposits ith ban-s established under any la made by Parliament.

-) Deposits ith coop. 'ocieties.

m) #ncome from 2.+.#.

n) #ncome from 2nits of 3utual und specified under clause (!5D) of 'ec. 10.

Infrastructure bonds under S

new section and new notification is given below.

an be availed by individual or HUF only.

an be invested in a Financial year to avail deduction under section 80CCF

"it is in addition to Rs.1,00,000/- !i"it o# section 80C,80CCC $ 80CC%

)onds will be 10 *ears.

in eriod is + years, a#ter + years investor can wit(draw "oney #ro" t(e bonds

eriod, nvestor can tae loan aainst t(ese )onds

)onds is !C, FC, %FC and ot(er N)FC classi3ed as in#rastructure co"any.

count Nu"ber is "ust to aly t(ese bonds.

# t(e nco"e-ta6 ct, 171 %eduction n resect o# subscrition to lon-ter" i

bond '(e na"e o# t(e bond s(all be ;!on-ter" n#rastructure )ond


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e Cororation o# ndia>

e %evelo"ent Finance Co"any !i"ited>

n Finance Co"any classi3ed as an n#rastructure Finance Co"any by t(e Rese

ance

l be issued durin 3nancial year 2010-11>

#or t(e uroses o# t(is li"it include loans, bonds, ot(er #or"s o# debt, Duasi-eDbond. 9i: "ini"u" eriod o# ten years=

loc-in eriod #or an investor s(all be 3ve years=

all also be allowed as lede or lien or (yot(ecation #or obtainin loans #ro" 5c(

ccount Nu"ber 94N: to be #urnis(ed t s(all be "andatory #or t(e subscribers t

-

-

,

,


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ware and do your work in the CO! Only

Remarks

+he premium must be deposited to -eep in force a contract for anannuity plan of the # or any other insurer for receivin pension from

the fund

+he premium is to be paid by cheDD. 6 certificate inform 10 i is to be furnished by the assessee from any reistered doctor

+his provision has been introduced to provide relief to students ta-inloans for hiher studies. +he repayment of the principal amount of loanand interest thereon ill be alloed as deduction upto Rs. 5.! la-hs over

a period of 9 years.

+he various donations specified in 'ec.90/ are eliible for deductionupto either 100 or "0 ith or ithout restriction as provided in 'ec

90/

1) 6ssessee or his total spouse or minor child should not on residentialaccommodation at the place of employment.

!) >e should not be in receipt of house rent alloance.

5) >e should not have a self occupied residential premises in anyother place


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ction 80CCF

#rastructure bonds Noti3ed lon-ter" in#rastructure bond

Rs. 8000 plus an addition deduction of Rs. 5000 alloed in respect of

interest on any entral$'tate /ovt. 'ecurities

ertificate should be obtained from a /ovt. Doctor. +he relevant rule isRule 11D.

- - .

,

,-


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rve )an o# ndia>

ity, re#erence eDuity and eDuity.

eduled Co""ercial )ans, a#ter t(e said loc-in eriod>

#urnis( t(ere 4N to t(e issuer>

,

,

,

,


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SAVINGS Limit Section

Tuition Fee Two Chi!dren "00#000 80C

Nationa! Sa$in%s Certificates &NSC' "00#000 80C

(e)a*ment of +ome Loan ,rinci)!e "00#000 80C

LIC Insurance ,remium Annua! "00#000 80C

-nit !in.ed Insurance ,!an "00#000 80C

,ub!ic ,ro$ident Fund "00#000 80C

-LI, "00#000 80C

,LI "00#000 80C/uit* !in.ed Sa$in%s Schemes &/LSS' "00#000 80C

12ears fi3ed de)osits with ban.4)ost office "00#000 80C

Infrasture Bonds & LIC# IDBI# IFCI#etc' 50#000 80CCF

LIC 4 -TI etc6 ,ension funds "0#000 80CCC

www.tgpala.in

Employee wo is drawin! "R# up to Rs$%000&'(#nnually Rs$%)000&' * per mont will +e e,empted
http://www.tgpala.in/http://www.tgpala.in/


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from production of Rent Receipt$

If the Employee is D(A7ING +(Aabove Rs.9#0004 )er 2ear!*:r+:-S/ (/NTpaid more than Rs."#00#0004 THE

/;,L:2// S+:-LD S-B;IT (/NT (/C/I,T


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INCOME TAX PARTICUARS-2015-16 FOR INDIVIDUALS DRA

Na"e # $%N#AN GOUD )asic 4ay94ayK@4: on Lan-201+

%esination Sr*L%C"UR%R )asic 4ay94ayK@4: on Lul-201+

E"loyee % ,-)../, 9ncre"ent ?ont( Luly-201+:

nstitution Na"e GO$"* OL!"%C0NIC 4ro"otion

'own / City /?andal GAD1AL C5 ncre"ent%istrict GAD1AL HR

4N No. AI1#/'&-G # HR C(ane

Rented / Iwn House @.4.F / C.4.59i# @4F enter a"t.i# C45 select C45

C.C.llowence ) # @4F C(ane

# C.C. C(aned ) .4.@.!..?ont(ly

4.H.C. llowance # 4@! C(ane

44/4(%/?.'ec( ncr /&) @5

'.5 nc ..) # @..5 C(ane

F4 @4F !oan "ont(ly aid

5urrender leave E.M.F. $ 5.M.F

C5 rrears 9@ross:

D*D*O* Details Relie# Fund #ro" 5alary

%%I Na"e 3 $%NUGOAL RAO 4rincial 5l llowance%esination RINCIAL 45*A*C*6 # 4rl 5l llow C(ane

Ice Na"e GO$" OL!"%C0NIC7 GAD1AL % rrears Clai"ed Lan/Feb 20

%.%.I. 'N No. 0!DG).../C ?.'ec( ncr. rr9@ross:

4@! !oan/It(ers

Net "a8 aybleRs. 154519

TGPALA.INTGPALA.IN


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9onthly Rent aid ().))

ADVANC/ TA< S A V I N G S9ar:,)(- ) !C 4re"iu"s 4aid by Hand *early

Apr:,)(- 0

9ay:,)(- )

3un:,)(- 0

3ul:,)(- )

Aug:,)(- 0

K VENKAN GOUD Sep:,)(- ) Others

3oint Se;retary:"GALA O;t:,)(- 0

GAD1AL Noe Loan in 5!,)(&:(+

the Interest a>ount ;lai>ed in 5! ,)(&:(+under/)%%

[email protected]


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19/27

ING AICTE SCALES

&&'()Financia! 2ear

&+'&)

,)(-to

,)(2?asi; ays

&))) an50"1 >"0

-))) Feb50"1 >"0

2)) ;ar50"1 >"0

A)r50"1 >"0

;a*50"1 >"0

un50"1 >"0

())) u!50"1 =>0

-) ,)) Au%50"1 =>0

&2(&'( Se)50"1 =>0

) :ct50"1 =>0

No$50"1 =>0Dec50"1 =>0

+ 5E! Cla an50"9 =>0

) Feb50"9 =>0

F C45EN'ER 0a"t


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Tota! Sa$in%s

(s6 9??1"

Amount

0

0Tota! Deductions

00

(s6 510

Amount+(A recei$ed

0

0(s6 ="598

Amount

"10#000


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ANN%@UR%:I 45inan;ial !ear ,)(-:,)(26

;onth Basic )a* D6A +(A ,+A CCA F, T6S Inc Gross Tota! G,F A,GLI G6I6S6

;ar50"1 337! "3! 3#!7! 337 ! $ ! %%! >=?>" 3!!! #!! &!

A)r50"1 337! "3! 3#!7! 337 ! $ ! ! %%! >=?>" 3!!! #!! &!

;a*50"1 337! "3! 3#!7! 337 ! $ ! ! %%! >=?>" 3!!! #!! &!

un50"1 337! "3! 3#!7! 337 ! $ ! ! %%! >=?>" 3!!! #!! &!

u!50"1 3(73! "3! 37# 3(73 ! $ ! ! %%! >>"8= 3!!! #!! &!

Au%50"1 3(73! "3! 37# 3(73 ! $ ! ! %%! >>"8= 3!!! #!! &!

Se)50"1 3(73! "3! 3%&(' 3(73 ! $ ! ! %%! >?598 3!!! #!! &!

:ct50"1 3(73! "3! 3%&(' 3(73 ! $ ! ! %%! >?598 3!!! #!! &!

No$50"1 3(73! "3! 3%&(' 3(73 ! $ ! ! %%! >?598 '!!! #!! &!

Dec50"1 3(73! "3! 3%&(' 3(73 ! $ ! ! %%! >?598 '!!! #!! &!

an50"9 3(73! "3! 3%&(' 3(73 ! $ ! ! %%! >?598 '!!! #!! &!

Feb50"9 3(73! "3! 3%&(' 3(73 ! $ ! ! %%! >?598 '!!! #!! &!

% rrears Lan-u 73 ">"" 73

% rrears-2 0

4ro"otion rrears ! ! ! ! 0

! ! ! !

C55 rrears 0 !

5urrender !eave ! ! ! ! 8>51

?.'ec( nc rrears 0

0

0C5 rears 9">"

Grand "otal ="5980 ??90 =>"8 ="598 0 0 0 0 ""880 "=>59> 9""" >500 "==0

'inature of the Drain 7fficer

State>ent showing 9onth wise In;o>e of S>t* # $%N#AN GOUD7 Sr*L%C"UR%R7 GO$"* OL!"%C0NIC7 9andal GAD1AL%>ployee ID ,-)../,

,,4

S,4,hD4;6Tech

,r! S)!

A!!owance


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Financial year )**E+,RE $ II Assessment year

2015-2016 INCO9% "A@ CALCULA"ION 2016-2017*ame - Smt6 V/NAN G:-D ffice - G:VT6 ,:L2T/C+NIC

/esignation - Sr6L/CT-(/( )ddress - GAD7AL# GAD7AL

Employee I/- 510??85 Residence : Rented House 0an *o - AI1#/'&-G

" Gross Sa!ar* "#=>#59>

5 +6(6A6 /3em)tion as )er e!i%ibi!it* -4s6 "0&"A'

a1 )ctual HR) received Rs (2"b1 Rent paid in ecess of !4 of 5alary 6Rent Rs.!%!! 0.M1 Rs (&23%(

c1 (!4 of 5alary 65alary means 8asic 0ay9/.)1 Rs 3'32#&' (2"

Tota! Sa!ar* &"5' Rs "#01#???

= Deductions from Sa!ar* Income

a1 Eemption from :onveyance )llowance ,;s. !6(1 6i1 Rs $

b1 0rofession Ta ,;s # 631 8 Rs &2(!! &2(!!

1 Income From Sa!ar* &=' "#0#1??

9 Income Income oan under paid


24/27

er ca e un er sec on o e nco"e- a6 c ,or 'a6 e ucte at source ro" inco"e c area e un er t e ea Psa ariesP

N?E N% %%RE55 IF 'HE E?4!I*ER N?E N% %E5@N'IN IF 'HE E?4!I*EESri* 3 $%NUGOAL RAO S>t* # $%N#AN GOUD

5r.!EC'URER4RNC4! 9F..C.: @IQ'. 4I!*'ECHNC

@IQ' 4I!*'ECHNC, @%M! @%M!, @%M! E".%= ,-)../,'N No. o# t(e %eductor= 0!DG).../C 4N No. o# t(e E"loyee= AI1#/'&-G

cnowlede"ent Nos.o# allDuarterly state"ents o# '%5 under sub-section 200 as rovided by 'N #acilitation centre

Lient !ear ,)(2:,)('

DE-#.LS / S#L#R1 2#.D #ND #N1 /-"ER .NC/3E #ND -#4 DEDUC-ED" Gross Sa!ar* "#=>#59>

5 +6(6A6 /3em)tion as )er e!i%ibi!it* -4s6 "0&"A'

a1 )ctual HR) received Rs (2"

b1 Rent paid in ecess of !4 of 5alary 6Rent Rs.!%!! 0.M1 Rs (&23%(

c1 (!4 of 5alary 65alary means 8asic 0ay9/.)1 Rs 3'32#&' (2"

Tota! Sa!ar* &"5' Rs "#01#???

= Deductions from Sa!ar* Income

a1 Eemption from :onveyance )llowance ,;s. !6(1 6i1 Rs $

b1 0rofession Ta ,;s # 631 8 Rs &2(!! &2(!!

1 Income From Sa!ar* &=' "#0#1??

9 Income Income oan under paid


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Certi3cate under section 20 o# t(e nco"e-ta6 ct, 171

for Ta deducted at source from income chargeable under the head GsalariesG

N?E N% %%RE55 IF 'HE E?4!I*ER N?E N% %E5@N'IN IF 'HE E?4!I*EE

Sri* 3 $%NUGOAL RAO S>t* # $%N#AN GOUD

RINCIAL 45*A*C*6 Sr*L%C"UR%RGO$" OL!"%C0NIC7 GAD1AL GO$"* OL!"%C0NIC

GAD1AL GAD1AL7 GAD1AL

4N No. o# %eductor 'N No. o# %eductor 4N IF E"loyee E".%= ,-)../,

0!DG).../C AI1#/'&-G)cCnowledgement *os.of all uarterly statements of T/5 under sub$section &!! as provided by TI* facilitation center or *5/> web$site

Suarter "ount 4eriod ssess"ent

Suarter - 1 - Fro" 'o *earSuarter - 2 -

9ar:,)(- 5eb:,)(2 ,)(2:,)('Suarter - -Suarter - & -

D%"AILS O5 SALAR! AID AND AN! O"0%R INCO9% AND "A@ D%DUC"%D

" Gross Sa!ar* Rs "#=>#59>

a1 5alary as per provisions contained in section 7 61 Rs $

b1 alue of percuisites under section 76&1 Rs $

6)s 0er


26/27

"0 T:TAL INC:;/ &8?' Rs "#08#?8

"" TA< :N T:TAL INC:;/ (s6 Rs "10#0"?

"5 Rebate 65ec."7)1 Rs " Net Ta3 Rs "10#0"?

"= Education :ess 4 6n Ta at 5.*o. 1 Rs 2'!!

"1 5econdary and Higher Education :ess &4 6n Ta at 5.*o. 1 Rs 32!!!

"9 TA< ,A2ABL/ &""="1' Rs "1=#1"?

"> >ess- Relief under section "% 6attach details1 Rs $

"8 TA< ,A2ABL/ &"9">' Rs "1=#1"?

"? 6a1 Ta deducted at source ,;s %&61 Rs $

50 6b1Ta paid by the employer on behalf of the employee ,;s %& 6)1 on peruisited ,;s 7 6&1 Rs

"8 Net Ta3 ,a*b!e Rs (s6 "1=1"?

D/TAILS :F TA< D/D-CT/D AND D/,:SIT/D INT: C/NT(AL G:V/(N;/NT ACC:-NT

9'(e e"loyer is to rovide tranction - wise details o# ta6 deducted and deosited:

5l. '%5 5urc(are Education 'otal 'a6 C(eDue/%% )5R Code %ate on 'rans#er

No. Rs. Rs. Cess %eosited No. 9i# any: o# )an M(ic( 'a6 vouc(er/c(alana

Rs. Rs. )ranc( %eosited denti3cation No

1

2

&

+

8

7

10

11

12

5ignature of the person responsible for deduction of ta

0lace- GOVT O!"TE#$%' GAD(A!


27/27

RECEIPT OF HOUSE RENT

(Under Section 1 (13-A) of Income Tax Act )

Date : 27/Lan/201

5inature o# t(e House Iwner

Na"e= xxx

'(is is to certi#y t(at 5"t. QENN @IU%, 5r.!EC'URER, @IQ'. 4I!*'ECHNC, ?andal@%M!, %ist. @%M! (as aid an a"ount o# 9House Rent nnual a"ount: Rs.10800 Ruees one la( t(irty t(ousand ei(t (undred only J towards t(e rent T 10700 er ?ont(#ro" ?ar-201+ to Feb-201 in resect o# House No. 0 situated at 0, 'own 0, %ist. 0.

Documents

Tgpala Aicte Income Tax Programme 2015 16 UPDATED