: 3454
: Anshul Malhotra
: Engineer
: Mobile Financial Solutions
: Gurgaon
DOJ
: 03/01/2011
PAN
Payable Days : 31.00 PF No.
Earnings
Description
Rate
11,500
BASIC
HRA
TAB
SPL ALLOW
FUEL
BOOKS
Deductions
Monthly
5,050
4,600
6,850
4,000
1,000
GROSS PAY
Arrear
Description
Total
11,500
5,050
4,600
6,850
4,000
1,000
11,500 PF
5,050 INCOME TAX
4,600 CESS PM
6,850 VBS
4,000 LWFDED
33,000
33,000
Amount
1,380
1,171
35
58
5
1,000 DONATE.
MOBILE
200
58
GROSS DEDUCTION
NET PAY
2,907
30093
Income Tax Worksheet for the Period April 2011 - March 2012
Description
BASIC
HRA
TAB
SPL ALLOW
FUEL
MEDICAL
BOOKS
CAR PERK
PLI(10-11)
PLI(11-12)
NOTICE-PAY
Gross
126,800
60,600
50,400
55,310
48,000
2,500
12,000
26,400
5,121
8,400
6,233
Gross Salary
401,764
Deduction
Previous Employer Professional Tax
Professional Tax
Under Chapter VI-A
Any Other Income
Taxable Income
Total Tax
Tax Rebate
Surcharge
Tax Due
Educational Cess
Net Tax
Tax Deducted (Previous Employer)
Tax Deducted Till Date
Tax to be Deducted
Tax / Month
Tax on Non-Recurring Earnings
Tax Deduction for this month
Personal Note :
Exempt
50,720
Taxable
126,800
9,880 PF
50,400 L I P
55,310
48,000
2,500
12,000
26,400
5,121
8,400
6,233
113,220
288,544
48,218
240,330
6,033
HRA Calculation
Rent Paid
15,216
From
To
33,002
1. Actual HRA
2. 40% or 50% of Basic
3. Rent > 10% Basic
Least of above is exempt
Taxable HRA
48,218
48,218 Car Perk
Car HP/Capacity
From
To
Driver Perk
From
To
Taxable Car Perk
6,033
181
6,214
5,008
1,206
1,206 Total of Ded Under Chapter VI-A
1,206 Interest on Housing Loan
48,218
96000.00
01/04/2011
31/03/2012
60,600
50,720
83,320
50,720
9,880
>1.6HP
01/04/2011
31/03/2012
26400.00