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INSTRUCTIONS

Fill up all the yellow cells

Entries in from form-16: Enter taxable income ie., after deductions.

Use it as a cheker- but not official

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INCOME TAX CALCULATIONS FOR THE INDIVIDUALS FOR

Name SELF OCCUPIED PROPERTY

Sex Write M or F STAYING IN QUARTERS

Salary HBA Principal for 2009-10

Without SPC arrears HBA interest for 2009-10

SPC arrears 0

Total-Gross 0 0

Step - 2

Metro N

GPF HRA received 0

LIC

HBA Principle 0 40% of salary 0 0

Tution fee 0

NSC 0 10% of salary 0 0

PPF 0 0 0

Others 0 0 0

others 0 STEP-

Others 0 INCOME/LOSS FRO

Total 0 Actual rent received

0 Municipal taxes paid 0

0

0 0

Donations 100% 0 30% of net value 0

TravellingAllowance

ProfessionalTax

Step -1Deductions under

section VI A Sec 80 C

The aggregateamount ofdeductions

under section80C,80CCC,80

CCD in anycase shall not

exceed Rs100000

HRAEXEMPTION

Write Y orN

Total salary (BP+ GP)

50% ofsalary

Actual rent paidper annum

Tution Fees:Amount paid as

tution fee forthe educationof two childrenof the assessee

is eligible for

deductionunder section

80C

Excess of rentpaid

HOUSE RENTALLOWANCE

Admissibledeductions

Deductions other thansection 80C

Highereducation loan

interestrepayment sec

80E

Net adjusted annualvalue of the property

Medicaltreatmentallowance upto40,000

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Donations 50% 0 0 0

Total 0 Total 0

Grand total 0 0

STEP-4

Arrears split up6-Jan 0 6-Sep 0 7-May

6-Feb 0 6-Oct 7-Jun 0

2005-06 0 6-Nov 7-Jul

6-Mar 0 6-Dec 7-Aug

6-Apr 7-Jan 7-Sep6-May 7-Feb 7-Oct

6-Jun 2006-07 0 7-Nov

6-Jul 7-Mar 7-Dec

6-Aug 7-Apr 8-Jan

Entries from form 16 STEP-5

Financial year

1 2 3

2005-06 0

2006-07 0

2007-08 0

2008-09 0

Your input is over- See for your tax on the right hand si

Relief under 89(1) calculations

Financial year Tax on 2 Tax on 4

1 2 3 4 5 6

2005-06 0 0 0 0 0

2006-07 0 0 0 0 0

2007-08 0 0 0 0 0

2008-09 0 0 0 0 0

0 Total difference

after 1-4-1999 and

constructed in threeyears

maximumunder section

80C is

1,00,000.

Net income from house

property

Taxableincome

Arrearsreceived

Designed by E.V.Ramana, PKalinga,Visakhapatnam,

This calculator is developed ouDesigner is not responsible fo

calculations. It is advised to usethe correctness of the orgina

Taxableincome

Arrearsreceived

Total incomeincluding

arrears. Add 2 &3

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Step 1 Total income excluding arrears 0 Tax accordi

Step2 Salary received in arrears 0Step 3 Total income add step 1 and 2 0

Step 4 Tax on step 3 0

Step 5 Tax on step 1 0

Step 6 Step 4 - step 5 0

Relief un8

For the Receipt

allowances peprevious years aIncome tax Act prrelief under Sectithe IT Act. preadthat you have rec

respective

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Y 2010-11 TAX CALCULATIONS-MA

N Write Y or N 1 Gross Salary with arrears

N Write Y or N 2 LESS

HRA

TA

Others if any

Total

3 Balance step1 -step2

4 Professional tax

5 Taxable Salary

6 Income from house property

Gross total income

8 Deductions under VIA

Deductions other than section 80C

PLEASE CHECK FOR METROS Total deductions

9 Total taxable income

10Tax to be payable

11Education cess

12 Total tax payable

HOUSE PROPERTY 13 Relief under section 89(1)

14 Balance Tax to be paid

15 Tax deducted from salary

16Tax to be payable

17 Number of remaining months

18 Tax to be paid in each month

HRAreceived

If House Building Loan isnot taken put zeros

Delhi,Mumbai,Kolkota,

Chennai,Bangalore &Hyderabad stationscome under Metros.

IF YOU STATY IN YOUR OWNHOUSE OR IN QUARTERSYOU WILL NOT GET HRA

EXEMPTION

IN CASE OF SOP ACTUALRENT RECEIVEDBECOMES ZERO

In case of SOP,Netannual value is alwayszero. Since net annualvalue is zero munipal

taxes are not deductible

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8-Feb

2007-08 0

8-Mar

8-Apr

8-May8-Jun

8-Jul 0

8-Aug

2008-09 0

Total 0

e top

7

0

0

0

0 Table A

0 0

Interest on capitalborrowed on or after 1-4-

1999 for acquisition orconstruction of housemax., deduction is Rs150000 otherwise Rs

30000.

GT (Physics) KV INSAndhra Pradesh

of designer's interest.any differences in taxthis calculator to checkl given by the office.

Differencetax. Column6 - column 5

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ng to table A 0

0

0

0

Thanks

er section(1)

f pay and

rtain tos arrears,ovides for aon 89(1) ofthe arrearsived to theears.

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IN SHEET

0

0

0

0

0

0

0

0

0

0

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0

0

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0

0 0

0

0

1

0

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FORM 16

[ see rule 31 (1) (a)

Certified under Section 203 of the Income-Tax act 1961 for tax

deducted at source from income under the head "Salaries

Name & address of Employer: Name & designation of Employe

PAN No. of the Deductor TAN No. of the Deductor PAN No. of the Employee

PeriodAsses

from To

Quarter Acknowledgement No.

1.04.2009 31.03.2010 201

Quarter-1 0

Quarter-2 0

Quarter-3 0

Quarter-4 0

DETAILS OF SALARY PAID, OTHER INCOME AND TAX DEDUCTED

1 Gross salary 0

(a) Salary as per provision contained in section 17(I) 0

(b) Value of perquisities under section 17(2) (asper Form no. 12BA, whereapplicable

0

(c) Profit in lieu of salary under section 17(3) (asper Form no. 12BA, whereapplicable

(d) Total 0

2

Transport Allowance 0

House rent allowance 0

Other exempted incomeTotal 0

3 Balance (1-2 ) 0

4 Deduction under section 16:

(a) Entertainment allowance

(b) Tax on Employment

5 Agregate of 4 (a) and (b) ,,0

6 Income chargeable under the head "Salaries" (3-5)

7 Add: any other income reported by employee

Income from House property 0

Total 0

8 Gross Total Income (6+7)

9 Deductions Under Chapter VI-A

A. Section 80C, 80CCC and 80CCD

a) Section 80C

(i) GPF/CPF/PPF

(ii) LIC Premium

Acknowledgement No. of all quarterly statement of TDS under sub -section (3) ofsection 200as provided by TIN Facilitation Centre or NSDL web site

less Allowances to the extent exempt under section 10conveyance/Transportallowances Residence-Office

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(iii)PPF

(iv)NSC Qualifying Amt Admissible

(v)Tution fee Total ded 80c ,,0 0

b) Section 80 CCC 0

c) Section 80 CCD

TOTAL 0

B. Other Sections Under Chapter VI A

..

..

Total (B) ,,0 ,,0

10 Aggregate of deductible amount under Chapter VI-A

11 Total Income 8-10)

12 Tax on total income

13 Surcharge

14 Education Cess

15 Tax payble on total income 12+13+14

16 Relief under section 89(attach details)

17 Tax payble (15-16)

18 Less (a) Tax deducted at source u/s 192(1)

19 Tax Payble/(refundable (17-18)

DETAILS OF TAX DEDUCTED AND DEPOSITED INTO CENTRAL GOVT ACCOUNT

( The deductor is to provide transction -wise detail of tax deducted and deposited)

SN TDS Rs Surchare Education Rs Total tax Cheque/DD No. Date on which tax deposited

1

2

3

4

5

6

7

8

Total

I further certified that the above information is true and correct based on the books of accounts, documents and other available records.

Place: Signature of person responsibe for tax deduction

Date: Full Name:..

Designation:..

(Drawing & Disbursing Officer)

less (b) Tax paid by the employer on the behalf of the employee under section 192(1A)on perquisites under section 17(2)

BSR Code ofbank Branch

I, son/daughter of Shri working in the capicity of . do hereby certified that a su

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ent Year

-2011

0

0

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,,0

0

0

0

0

0

0

0

0

Transfer voucheridentification

or Rs