All deductions are allowed
| Particulars | Amount | Remarks | |
|---|---|---|---|
| 1 | i) Gross Salary | ||
| ii) Standard Deduction | Max Rs. 50000 | ||
| iii) Pay Recovery | |||
| iv) Any other allowance to be exempted(e.g., Hill Allowance) | Max Rs. 800/- per month. | ||
| v) Special compensatory allowance, Remote locality allowance, Difficult area allowance, or Disturbed area allowance. | Max Rs. 1300/- per month. | ||
| vi) Total Salary (i) - (ii + iii + iv + v) | 0 | ||
| vii) On the basis of production of Rent Receipt (Anyone whichever is less) | |||
| i) Total HRA Received | |||
| ii) Annual Rent Paid | |||
| iii) Basic Pay | |||
| iv) DA | |||
| v)Total Rent Exempted (Annual Rent Paid-10%*(BP+DA)) | 0 | ||
| viii) Less H.R.A Received (If any) | 0 | ||
| ix) Children Education Reimbursement | |||
| x) Medical Reimbursement | |||
| xi) CM Security Risk Allowance Reimbursement | |||
| ix) Total Salary (vi) - (viii) + (ix) + (x) + (xi) | 0 | ||
| 2 | i) Professional Tax | ||
| ii) House Loan "interest under Chapter VI-A | HBA Borrowed on or after 01-04-1999 and the possession taken before 01-04-2008, Maximum entitlement is Rs. 2,00,000/- otherwise Rs. 30,000/- only. | ||
| 3 | Net Income | 0 | |
| i) Income from NSC etc. | |||
| ii) Income from other source | |||
| iii) Income from Interest on Post Office Saving Account | |||
| iv) Income from Interest on Saving Bank | |||
| v) Less Interest on Post Office Saving Account(U/s 10 (ii)(i)) | Exemption upto Rs 3,500/- in a Single Account Rs. 7,000/- in Joint Account | ||
| 4 | Total Income | 0 | |
| 5 | Tax Rebate Under Section 80 C Maximum upto Rs. 1,50,000/- (One Lac Fifty thousand only) | ||
| i) G.P.F. | |||
| ii) C.G.E.G.I.S. | |||
| iii) H.B.A. Principal | |||
| iv) LIC | |||
| v) PLI | |||
| vi) CTD 10yrs/P.P.F. | |||
| vii) NSC/NSS | Amount with (*) are deducted by DDO. | ||
| viii) Tuition Fees | Entered amount must be greater than or equal to the amount deducted by DDO. | ||
| ix) Interest on Reinvested NSC | |||
| x) Bonds (if any) | |||
| xi) Pension Fund (80CCC) | |||
| xii) Employees Contribution(TIER-I)(N.P.S.) (80CCD) | |||
| xiii) Other Office Saving under Section 80C | |||
| xiv) Employees Contribution(TIER-II)(N.P.S.) (80CCD) | |||
| Total of Item (5) Maximum Rs. 1,50,000/- | 0 | ||
| 80CCD(1B)-Additional Contribution to pension scheme | Max Limit 50000 | ||
| Total Rebate Maximum Rs. 2,00,000/- | 0 | ||
| 6 | Balance (4) - (5) | 0 | |
| 7 | Less Deductions under Chapter VI | ||
| a ) i) Medical Insurance (80D) CGHS | |||
| ii) CGHS Deducted at Other Office | |||
| iii) Medical Insurance (80D) OTHERS | For insurance on health of self, spouse and dependent children(or contribution to CGHS) - Max Rs.25,000. For insurance on health of parents-Max Rs.25,000 | ||
| iv) Medical Insurance (80D) SENIOR CITIZEN | For insurance on health of parents-Max Rs. 20,000 in case of senior citizen. | ||
| b ) i) Medical Treatment (80DD) | Medical treatment of handicapped dependent. | ||
| ii) Medical Treatment (80DDB) | Expenditure on specified disease.Treatment of assesse or dependent spouse, children, parent amount upto 40000/- | ||
| c ) Donations (80G) | 50,- Jawahar Lal Nehru Memorial Fund, PM Drought Relief Fund, National Childrens Fund, Indira Gandhi Memorial Trust or Rajiv Gandhi Foundation.100,- National Defence Fund, PM National Relief Fund, National Foundation for Communal Harmony,etc. The tax relief in respect of others u/s 80G shall have to be claimed by filing IT return. | ||
| d ) Physically Handicap (80U) | |||
| e ) Investment under equity saving scheme (80CCG) | Gross total income does not exceed 10 lacs; shares in notified scheme; lock-in period is 3 years; maximum Rs.25,000/- | ||
| f ) Loan for Higher Education (80E) | A Maximum period of 8 years begining from the year in which payment of Interest on the loan begins or till the interest is paid in full, whichever is earlier. | ||
| g ) Employers/ Government Contribution (N.P.S) | |||
| h ) Less Interest on deposits in savings accounts (80TTA) | Maximum of Rs. 10,000/- of any income by way of interest on deposits (not being time deposits) in a saving accounts. | ||
| i ) Total of (a)+(b)+(c)+(d)+(e)+(f)+(g)+(h) | 0 | ||
| 8 | Gross Total Income (6) - (7) | 0 | |
| 9 | Total Taxable Income | 0 | Gross Total Income rounded off to Rs. 10 |
| 10 | Total Tax on Income on item (9) | 0 | |
| Upto Rs.2,50,000/- Nil | |||
| Rs.2,50,001/- to Rs.5,00,000/- 5% | |||
| Rs.5,00,001/- to Rs.10,00,000/- 20% | |||
| Above Rs.10,00,000/- 30% | |||
| 11 | Tax Rebate under Section 87A (Net Taxable Income upto 5,00,000) | 0 | |
| 12 | i) Net Tax Payable (10) - (11) | 0 | |
| ii) Education Cess @ 3% Payable | 0 | ||
| iii) Higher Education Cess at 1% | 0 | ||
| Total of item (12) | 0 | ||
| 13 | a) Total Income Tax deducted for Financial Year | ||
| b) Total Ed.Cess deducted for Financial Year | |||
| 14 | Total Relief under Section 89 | ||
| 15 | Balance Tax +Edu. Cess to be deducted for Financial Year | 0 | |