SAHEBERHAT PURNANANDA HIGH SCHOOL

Salary Received and Tax Calculation for the year 2022-2023 I. Tax Rule : Old
Name ARINDAM SARKAR Level : P.A.N CXXPS9563C
D.A H.R.A Additional Gross
Basic M. A. Remuneration
G.P.F P. Tax I. Tax Net Salary
Salary Month @ 3% @ 12% Amount
Mar, 22 49000 1470 5880 500 56850 4000 200 52650
April, 22 49000 1470 5880 500 56850 4000 200 52650
May, 22 49000 1470 5880 500 56850 4000 200 52650
June, 22 49000 1470 5880 500 56850 4000 200 52650
July, 22 50500 1515 6060 500 58575 4000 200 54375
August, 22 50500 1515 6060 500 58575 4000 200 54375
Sep, 22 50500 1515 6060 500 58575 4000 200 54375
Oct, 22 50500 1515 6060 500 58575 4000 200 54375
Nov, 22 50500 1515 6060 500 58575 4000 200 54375
Dec, 22 50500 1515 6060 500 58575 4000 200 54375
Jan, 23 50500 1515 6060 500 58575 4000 200 54375
Feb, 23 50500 1515 6060 500 58575 4000 200 54375
Total = 600000 18000 72000 6000 0 696000 48000 2400 0 645600

Salary Received during F.Y 2022-2023 = 696000.00 Table-1 : Income From Other Sources = 7500.00
Add : Bonus = Interest From S/B Account = 7500.00
Add : Arrear =
696000.00
Standard Deduction U/S 16(ia) = 50000.00
Exemption of HRA U/S 10 (13A) =
Less : P. Tax U/S 16(iii) = 2400.00
52400.00
Income Under The Head Salaries = 643600.00
Table-1 : Income From Other Sources = 7500.00
Gross Total Income = 651100.00
Table-2 : Deductions U/S 80C = 124644.00 Table-2 : Deductions U/S 80C = 124644.00
Table-3 : All Other Deductions = 28117.00 Contribution to GPF = 48000.00
Total Deductions = 152761.00 Life Insurance Premium = 16644.00
Net Taxable Income = 498339.00 Postal Life Insurance 45000.00
Child Policy(LIC) 6400.00
Income Tax Computation for the Amount 498339/- Tution Fees 8600.00
Income tax for the amount 250000/- @ 0% = 0.00
Income tax for the amount 248339/- @ 5% = 12416.95
Income tax for the amount 0/- @ 20% = 0.00
Income tax for the amount 0/- @ 30% = 0.00

12416.95
Rebate U/S 87A = 12416.95 Table-3 : All Other Deductions = 28117.00
Income Tax after Rebate = 0.00 U/S 80D: Medical Insurance = 15617.00
Educational Cess @ 4% on 0/- = 0.00 U/S 80TTA: Interest From S/B Account = 7500.00
Relief U/S 89 = 0.00 Preventive health check-up 5000.00
Total Tax for the F.Y 2022-2023 = 0.00
Total T.D.S paid during the F.Y 2022-2023 = 0.00
Balance Tax = NIL
Presented By, Ram Prosad Dawn

Total Tax of ARINDAM SARKAR for the Financial Year 2022-2023 is Rupees Zero Only

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