Income Tax Calculator 2011-12

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http://www.PankajBatra.

com
Income Tax Calculator F.Y. 2011-12 (AY 2012-13)
Gender Male
Place of Residence Metro City
Have a Question? Ask it here: http://www.SocialFinance.in
Age 30
Number of children 0

Salary Breakup April May June July August September October November December January February March Total

Basic Salary -
House Rent Allowance (HRA) -
Dearness allowance (DA) -
Transport/Conveyence Allowance -
Child Education Allowance -
Grade/Special/Management/Supplemementary Allowance -
Arrears -
Gratuity -
Leave Travel Allowance (LTA) -
Leave Encashment -
Performance Incentive/Bonus -
Medical Reimbursement -
Food Coupons -
Periodical Journals -
Telephone Reimbursements -
Car Reimbursement -
Internet Expense -
Driver Salary -
Gifts From Non-Relatives -
Gifts From Relatives -
House Rent Income (income from house property) -
Other income (Bank account/NSC/Post Office/SCSS Interest) -
TOTAL INCOME - - - - - - - - - - - - -

Exemptions
Actual Rent paid as per rent receipts -
Availing both
HRA Exemption HRA and - - - - - - - - - - - -
Home loan
exemption -

Non-Taxable Allowances Investment/Bills Details


Child Education Allowance - -
Medical Reimbursement receipts submitted - -
Transport/Conv. Allowance - -
LTA receipt submitted - -
Food Coupons - -
Periodical Journals - -
Telephone Reimbursement receipts submitted - -
Car Expenses Reimbursement receipts submitted
- -
Internet expense receipts submitted - -
Driver Reimbursement
Other Salary receipts submitted
receipts - -
submitted - -
Balance Salary -
Professional Tax -
Net Taxable Salary -
House and Loan Status On loan and Self Occupied
Home Loan Interest Component - -
Any other Income - -
Gross Total Income -

Deductions under chapter VIA


Life Insurance Premium payment -
Employee's contribution to PF -
PPF (Public Provident Fund) -
Equity Tax saver Mutual Funds - ELSS -
National Savings Certificate (NSC) deposit -
National Service Scheme (NSS) deposit -
Senior Citizen Savings Scheme (SCSS) deposit -
Post Office/Tax saving Bonds investments -
New pension scheme (NPS) Deposit 80CCD -
Children Tution Fees paid -
Housing Loan Principal repayment -
Tax saving Fixed Deposit for 5 yrs. or more -
Other Eligible Investments -
Total of Section 80C -
Pension Fund (80 CCC) -
Total Deduction under Sec. 80C & 80CCC - -

80D (Medical insurance premium


for Self and/or Family) - -
80D (Medical insurance premium
for Parents) - Parents above 60 years -
80DD (Maintainence of depandant
disabled) - With Severe Disability -
80DDB (Medical treatment for
specific diseases) - Patient Below 65 years -
80E (Interest paid on Higher
Education Loan) - -
80U (Handicapped person/Perm.
Disability) - With Severe Disability -
Donations - 80G (100 % deductions) - -
Donations - 80G (50 % deductions) - -
Long Term Infra. Bonds (Section 80CCF) - -

Total Income -

Total Income rounded off -

Income Tax on Total Income -


Education Cess @ 3% -
Income tax including education cess -
TDS (Tax deducted at source) -
Pending Tax Payable -

Monthly Deductions from salary April May June July August September October November December January February March
TDS (Tax deducted at source) -
Professional Tax -
Employee's PF Contribution -
Deduction for company provided transport -
Deduction towards State Labour welfare Fund (LWF) -
Deduction towards company provided Group Term insurance -
Deduction towards Leave availed -
Deduction towards company provided medical insurance -
Other Deductions from Employer -
Employer's PF Contribution - - - - - - - - - - - - -

In Hand Salary - - - - - - - - - - - -
In Hand Salary without reimbursments - - - - - - - - - - - -

Total Income in this year -

ADVANCE TAX SCHEDULE

Total Tax as per Consolidation Sheet: -

PARTICULARS % Payable Paid Difference


Payable upto 15th June, 2011 15% - - -
Payable upto 15th September, 2011 30% - - -
Payable upto 15th December, 2011 60% - - -
Payable upto 15th March, 2012 100% - - -
Savings for Tax
PPF Investments
Apr-11 -
May-11 -
Jun-11 -
Jul-11 -
Aug-11 -
Sep-11 -
Oct-11 -
Nov-11 -
Dec-11 -
Jan-12 -
Feb-12 -
Mar-12 -
Total -

Long Term infra bonds investment


Apr-11 -
May-11 -
Jun-11 -
Jul-11 -
Aug-11 -
Sep-11 -
Oct-11 -
Nov-11 -
Dec-11 -
Jan-12 -
Feb-12 -
Mar-12 -
Total -

Post Office/Tax saving Bonds investments Children Tution Fees paid


Apr-11 -
May-11 -
Jun-11 -
Jul-11 -
Aug-11 -
Sep-11 -
Oct-11 -
Nov-11 -
Dec-11 -
Jan-12 -
Feb-12 -
Mar-12 -
Total -

Pension Fund (80 CCC) investments


Apr-11 -
May-11 -
Jun-11 -
Jul-11 -
Aug-11 -
Sep-11 -
Oct-11 -
Nov-11 -
Dec-11 -
Jan-12 -
Feb-12 -
Mar-12 -
Total -

GROSS TOTAL -

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