For FY-2009-10 (AY 2010-11)

Gross Salary / Month Rs. 25,000.00

Basic Rs. 12,500.00
HRA Rs. 6,250.00
DA Rs. 3,750.00
Conveyance Rs. 800.00
EA Rs. 200.00
Other Allowance Rs. 1,500.00
Taxable Income Rs. 25,000.00 Rs. 300,000.00
Add Income from Other sources Rs. -
Housing Loan Interest Rs. -
Interest Income Rs. -
Less Income from Capital Gain Rs. -
U/s 80c Gross Taxable Income p.a. Rs. 300,000.00 Rs. 300,000.00
Standerd Deduction Rs. 160,000.00
Life Insurance Premium 0.00
Public Provident Fund 0.00
Employee Contribution to Provident Fund 9360.00
Principle for Housing Loan Repayment 0.00
NSC/KBP 1,00,000 max 0.00
Purchase of Infrastructure Bonds 20,000 max 0.00
Term deposits 0.00
Payment for Tution Fees 0.00
U/s 10 Under Sec 80CCC Pensions 0.00
U/s 14 Less Deduction 1,00,000 max Rs. 9,360.00 Rs. 9,360.00
40% of (Basic+DA) or HRA Rcvd (lower Amt.) 75000.00
80 G Conveyance 9,600 max 9600.00
@80D Less Deduction 1,00,000 max Rs. 84,600.00 Rs. 84,600.00
@80DD Donation (100%) 0.00
@80E Mediclaim Premium 15,000 max 0.00
Medical Treatment for handicapped 0.00
Interest on Educational Loan 0.00
Less Deduction 1,00,000 max Rs. - Rs. -
Rs. 253,960.00 Rs. 253,960.00
Net Taxable Income for Year Rs. 46,040.00
1.6 Lakh to 5 Lakh @10.3% 46,040.00 4742.12
5 Lakh to 8 Lakh @20.3% 0.00 0.00
Above 8 Lakh @30.3% 0.00 0.00
Payble Tax for Year 4742.12
 For FY-2010-11 (AY 2011-12)

Gross Salary / Month Rs. 50,000.00

Basic Rs. 25,000.00
HRA Rs. 12,500.00
DA Rs. 7,500.00
Conveyance Rs. 800.00
EA Rs. 200.00
Other Allowance Rs. 4,000.00
Taxable Income Rs. 50,000.00 Rs. 600,000.00
Add Income from Other sources Rs. -
Housing Loan Interest Rs. -
Interest Income Rs. -
Income from Capital Gain Rs. -
Gross Taxable Income p.a. Rs. 600,000.00 Rs. 600,000.00
Less Standerd Deduction Rs. 180,000.00
U/s 80c Life Insurance Premium 25000.00
Public Provident Fund 0.00
Employee Contribution to Provident Fund 9360.00
Principle for Housing Loan Repayment 0.00
NSC/KBP 1,00,000 max 50000.00
Purchase of Infrastructure Bonds 20,000 max 20000.00
Term deposits 0.00
Payment for Tution Fees 0.00
Under Sec 80CCC Pensions 0.00
Less Deduction 1,00,000 max Rs. 104,360.00 Rs. 100,000.00
U/s 10 40% of (Basic+DA) or HRA Rcvd (lower Amt.) 150000.00
U/s 14 Conveyance 9,600 max 9600.00
Less Deduction Rs. 159,600.00 Rs. 159,600.00
80 G Donation (100%) 0.00
@80D Mediclaim Premium 15,000 max 15000.00
@80DD Medical Treatment for handicapped 0.00
@80E Interest on Educational Loan 0.00
Less Deduction 1,00,000 max Rs. 15,000.00 Rs. 15,000.00
Rs. 454,600.00 Rs. 454,600.00
Net Taxable Income for Year Rs. 145,400.00
1.8 Lakh to 5 Lakh @10.3% 145,400.00 14976.20
5 Lakh to 8 Lakh @20.3% 0.00 0.00
Above 8 Lakh @30.3% 0.00 0.00
Payble Tax for Year 14976.20
Deduction Per Month Rs. 1,248.00
 PAN
Name:- NOTE:- AT some places Formulae are Previous Year
Address : feed into the blanks, Please do not change Assessment Year
those blanks as TAX COMPUTATION may Sex
go wrong.

TYPE (+) / (-) PARICULARS OTHERS AMOUNT

Basic
Dearness Allownace
House Rent Allowance
Conveyance
SodexHo Allowance
INCOME FROM SALRAIES

Gift Coupons
Prequisities- Assets
Other Allowance
TOTAL 0

(+) Allowances Taxed if bills not produced

Medical Allowance
Leave Travel Allowance
Education Allowance 0
Telephone Allowance
SodexHo Allowance
Club Membership
Driver's Allowance
Petrol Allowance
GROSS SALARY 0

(-) Exemptions Under Sec 10

House Rent Allowance ( 13 A )

Computation 40% of Basic + Dearness Allowance

or House Rent Allowance Received
or Excess of Rent Paid over 10% BASIC + DA
or Rent paid during the year
Note:- Whichever is least should be taken
It can be claimed 2
Conveyance U/s ( 14 )
times in a block of 4
years ( 2006 - 2009 ) Leave Travel Allownace
Medical Reimbursement 0 0
SodexHo Coupons
Interest repayment on Education Allowances
higher education /
Telephone Reimbursement
university is exempted
Gift coupons
Petrol Reimbursement
Driver Reimbursement
Club membership
TOTAL EXEMPTION

NET SALARY

(-) Deduction U/S 16

Professional Tax U/s 16 ( iii )
 TOTAL DEDUCTIONS

TOTAL SALARY INCOME

(-) Deduction under Chapter VI A

INCOME FROM HOUSE PROPERTY

U/s 80 C
Employee Contribution to Provident Fund

Max Upto 1,00,000

Life Insurance Premia
Public Provident Fund
National Saving Certificate VIII Issue
Principle for Housing Loan Repayment
Payment for Tution Fees
Purchase of Infrastructure Bonds
Term deposits
Under Sec 80CCC Pensions

TOTAL

Other Deductions
U/s G ( Donations )
U/s GGA ( Donations )
U/s D ( Medical Insurance premia )
U/s E ( Interest on Educational Loan )
U/s DD ( Medical Treatment for handicapped )

TOTAL
CESS
BREAK UP
TAXABLE INCOME
2% & 1%
TAX ON TOTAL INCOME
(+) Surcharge
(+) Educational Cess

TOTAL TAX PAYABLE

Tax Deducted at Source

By
By
By
TOTAL
TAX DEDUCTABLE

MONTH WISE PRORATA

EXCESS DEDUCTION
 : 2007-08
: 2008-09 DOWNLOAD FORM CLICK IN BOX BELOW
MALE

TOTAL FOR THE YEAR http://www.incometaxmumbai.nic.in/tax

payer/tds.htm
0

This is required to be filled by you

0
0
0 Exemption :- 800 p.m.
For Disable:- 1600 p.m.
0
0
0
0
0
Exempted amount:-
15,000 p.a i.e. 1,250
p.m
0 This can be claimed 2
0 times in a block of 4
0 years ( 2006-2009 )
0
0
0
0
0
0

0
The amount least
0 among the following
0 should be
- considered
0
0
According to Income Tax Act a max of 9600
0 IF
can be claimed for conveyance
0
If above 65 yea
0 A max of 15,000 p.a. can be claimed i.e.1250 charged
0 p.m.
0 Children staying with parents exemption of Rs 100 p.m. , if in hostel exem
0 with the
0 exemption allowed for only a max of 2 children
0
0
0
0

0 A Max of Rs 200 p.m. which = 2400 p.a.

 A Max of Rs 200 p.m. which = 2400 p.a.
0

0
0
0
0
0
0
0
0
0

0 Normal Donations are exempted

0 Donations Towards Research & Development are
0 exempted
0
0 Disable <80%:--- 50,000 exempted
Disable >80%:--- 75,000 exempted
0 Diseases:--- <65 years:---- 40,000 p.a.
>65 years:---- 60,000 p.a.
0 Blind:---- 50,000 p.a. Exempted

0
0 SURCHARGE IS APPLICABLE @ 10% if income is 10,00,000 &
0 above

0
0
0
0
0

0 Monthly deduction of tax for the year

You can put remaining months incase TDS already deducted
0 And you need to consider the Tax in the preceeding ROW
 If above 65 years an additional 5000 can be
charged which is 20,000 p .a .

Rs 100 p.m. , if in hostel exemption of Rs 300 p.m.

th the
r only a max of 2 children
earch & Development are
mpted
Professional Tax Slabs in Various States

In West Bengal
Income Tax to be imposed
Upto 1,500 Nil
From Rs. 1501 To Rs 2001 Rs. 18
From Rs. 2001 To Rs 3001 Rs. 25
From Rs. 3001 To Rs 5001 Rs. 30
Rs. 5001 Rs. 40
From Rs. 6001 -7001 Rs. 45
From Rs.7001 to Rs.8000 Rs.50
From Rs.8001 to Rs.9000 Rs.90
From Rs.9001 to Rs.15,000 Rs.110
From Rs.15001 to Rs.25,000 Rs.130
From Rs.25,001 to Rs.40,000 Rs.150
Beyond Rs.40,001 Rs.200

In Maharashtra
Income Tax to be imposed
upto Rs. 2500 Nil
From Rs. 2500 to Rs 3500 Rs.60
From Rs. 3500 to Rs 5000 Rs.120
From Rs. 5000 to Rs 10000 Rs.175
More than Rs.10000 Rs 200

In Tamil Nadu
Income Tax to be imposed
Upto Rs.21000 Nil
From Rs.21001 to Rs.30000 Rs.75
From Rs.30001 to Rs.45000 Rs.188
From Rs.45001 to Rs.60000 Rs.390
From Rs.60001 to Rs.75000 Rs.585
More than Rs.75001 Rs.810

In New Delhi
Income Tax to be imposed
Upto Rs.1,10,000 Nil
From Rs.1,10,000 To Rs. 1,45,000 Nil
From Rs.1,45,000 To Rs. 1,50,000 10 %
From Rs.1,50,000 To Rs. 1,95,000 20 %
From Rs.1,95,000 To Rs. 2,50,000 20 %
More than Rs.2,50,000 30 %