53 Copy of 18 Tax Comp Calculation

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AY 2009 - 2010.

Income Tax computation For Males

I Income From Salary -

II Income from House Property


Self Occupied
Interest Paid (Upto Rs 150000) -
Let Out Property
Rent Received
Less: Municipal Taxes
GAV -
Less:30% deduction -
Less: Interest paid (No limit) - -

III Income from Business/Profession


Net surplus

IV Income From Capital Gains


Short Term Gains
Sale Consideration
Less: cost of purchase
Less: Selling expenses -

Loss to be carried forward

Long Term Gains


Sale Consideration
Less: Selling expenses
Less: Indexed Cost of acquisition - -

V Income From other sources


Bank Interest
Any other -

Gross Total Income -

Less: Deductions
U/s 80C,CCC,CCD
Tax saving Investments -
(Upto Rs100,000)
U/s 80 D
Mediclaim
Other 80G, 80E, 80U -

Net Total Income -


Rounded of Income -

Tax on Short term gains - -


Tax on Long term gains (with Indexation) - -
Tax on Normal Income - 0 -

Add: Surcharge (if Net total income > 10lakhs)


Add: education Cess -

Total Tax Liability -


Less: TDS -
Advance Tax
Self assesment Tax -

Tax Payable/ (refund) -


AY 2009 - 2010.
Income Tax computation For Females

I Income From Salary 0

II Income from House Property


Self Occupied
Interest Paid (Upto Rs 150000)
Let Out Property
Rent Received
Less: Municipal Taxes
GAV 0
Less:30% deduction 0
Less: Interest paid (No limit) 0 0

III Income from Business/Profession


Net surplus

IV Income From Capital Gains


Short Term Gains
Sale Consideration
Less: cost of purchase
Less: Selling expenses 0

Loss to be carried forward

Long Term Gains


Sale Consideration
Less: Selling expenses
Less: Indexed Cost of acquisition 0 0

V Income From other sources


Bank Interest
Any other 0

Gross Total Income 0

Less: Deductions
U/s 80C,CCC,CCD
Tax saving Investments 0
(Upto Rs100,000)
U/s 80 D
Mediclaim
Other 80G, 80E, 80U 0

Net Total Income 0


Rounded of Income 0

Tax on Short term gains 0 0


Tax on Long term gains (with Indexation) 0 0
Tax on Normal Income 0 0 0

Add: Surcharge (if Net total income > 10lakhs)


Add: education Cess 0

Total Tax Liability 0


Less: TDS 0
Advance Tax
Self assesment Tax 0

Tax Payable/ (refund) 0


AY 2010-11
Income Tax computation For Males

I Income From Salary 384,519

II Income from House Property


Self Occupied
Interest Paid (Upto Rs 150000) -
Let Out Property
Rent Received
Less: Municipal Taxes
GAV -
Less:30% deduction -
Less: Interest paid (No limit) - -

III Income from Business/Profession


Net surplus -

IV Income From Capital Gains


Short Term Gains
Sale Consideration
Less: cost of purchase
Less: Selling expenses -

Loss to be carried forward

Long Term Gains


Sale Consideration
Less: Selling expenses
Less: Indexed Cost of acquisition - -

V Income From other sources


Bank Interest
Any other -

Gross Total Income 384,519

Less: Deductions
U/s 80C,CCC,CCD
Tax saving Investments 50,000
(Upto Rs100,000)
U/s 80 D 150,000
Mediclaim 25,000
Other 80G, 80E, 80U 225,000

Net Total Income 159,519


Rounded of Income 159,520

Tax on Short term gains - -


Tax on Long term gains (with Indexation) - -
Tax on Normal Income 159,520 0 -

Add: Surcharge (if Net total income > 10lakhs)


Add: education Cess -

Total Tax Liability -


Less: TDS -
Advance Tax
Self assesment Tax -

Tax Payable/ (refund) -


AY 2010-11
Income Tax computation For Females

I Income From Salary 0

II Income from House Property


Self Occupied
Interest Paid (Upto Rs 150000)
Let Out Property
Rent Received
Less: Municipal Taxes
GAV 0
Less:30% deduction 0
Less: Interest paid (No limit) 0 0

III Income from Business/Profession


Net surplus

IV Income From Capital Gains


Short Term Gains
Sale Consideration
Less: cost of purchase
Less: Selling expenses 0

Loss to be carried forward

Long Term Gains


Sale Consideration
Less: Selling expenses
Less: Indexed Cost of acquisition 0 0

V Income From other sources


Bank Interest
Any other 0

Gross Total Income 0

Less: Deductions
U/s 80C,CCC,CCD
Tax saving Investments 0
(Upto Rs100,000)
U/s 80 D
Mediclaim
Other 80G, 80E, 80U 0

Net Total Income 0


Rounded of Income 0

Tax on Short term gains 0 0


Tax on Long term gains (with Indexation) 0 0
Tax on Normal Income 0 0 0

Add: Surcharge (if Net total income > 10lakhs)


Add: education Cess 0

Total Tax Liability 0


Less: TDS 0
Advance Tax
Self assesment Tax 0

Tax Payable/ (refund) 0


AY 2010 - 2011.
Income Tax computation For Senior Citizens

I Income From Salary 384,519

II Income from House Property


Self Occupied
Interest Paid (Upto Rs 150000)
Let Out Property
Rent Received
Less: Municipal Taxes
GAV 0
Less:30% deduction 0
Less: Interest paid (No limit) 0 0

III Income from Business/Profession


Net surplus 0

IV Income From Capital Gains


Short Term Gains
Sale Consideration
Less: cost of purchase
Less: Selling expenses 0

Loss to be carried forward

Long Term Gains


Sale Consideration
Less: Selling expenses
Less: Indexed Cost of acquisition 0 0

V Income From other sources


Bank Interest
Any other 0

Gross Total Income 384,519

Less: Deductions
U/s 80C,CCC,CCD
Tax saving Investments 0
(Upto Rs100,000)
U/s 80 D
Mediclaim
Other 80G, 80E, 80U 0

Net Total Income 384,519


Rounded of Income 384,520

Tax on Short term gains 0 0


Tax on Long term gains (with Indexation) 0 0
Tax on Normal Income 384,520 22,904 22,904

Add: Surcharge (if Net total income > 10lakhs)


Add: education Cess 687

Total Tax Liability 23,591


Less: TDS 0
Advance Tax
Self assesment Tax 0

Tax Payable/ (refund) 23,591

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