ArthikDisha IT Cal FY 2023 24 AY 2024 25

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Arthik Disha

Name ARTPX1234D
PAN
Fill only
" Be Confident and Make a Financial Change" Date of Birth 12/26/1997 Yellow Cells
Particulars Age (Years) 25

Income Tax Calculator F.Y 2023-24 & A.Y 2024-25 (New Tax Regime-Default)-115BAC
Gross Income from Salaries and Allowances 1,299,996.00
Add: Income From Other Sources -
Gross Total Income(G.T.I) 1,299,996.00
Less: Standard Deduction (Max Limit Rs.50,000) Introduced in Budget 2023 50,000.00
Less: Employer's Contribution to NPS U/S 80CCD(2) -
Less: Exemption on Leave encashment U/S 10(10AA) -
Less: Transport Allowance for a Specially-Abled person(Max Rs. 38,400 per year) -
Less: Interest on Home Loan Taken For Let-Out Property U/S 24(b) -
Less: Any Other Allowable Deduction under New Tax Regime(Like Agniveer Scheme) -
Net Taxable Income after Deductions 1,249,996.00
Tax Rebate of Rs. 25,000 (For Income up to Rs. 7 Lakh) -
Tax Liability 99,999.00
Add: Surcharge @10%/15% (If income exceeds Rs.50 Lakh & Rs.1 Cr. Respectively) -
Add: Cess @ 4% 3,999.96
Total Tax Liability 103,999.00
Advance Tax Paid -
Balance Tax to be Paid 103,999.00
Tax to Gross Income Ratio 8.00%

Income Tax Calculator F.Y 2023-24 & A.Y 2024-25 (Old Tax Regime)
Gross Income from Salaries and Allowances 1,299,996.00
Less: Exemptions U/S 10 -377,496.00
(i) H.R.A Exemption (Least of the following three) 324,996.00
Resident of (Select from Dropdown)------------------> Metro
a. Basic Salary (Basic+DA) 649,998.00 324,999.00
b. Rent Paid 390,000.00 325,000.20
c. H.R.A received 324,996.00 324,996.00
(ii) Standard Deduction for Salaried & Pensioners (Rs. 50,000) 50,000.00 50,000.00
(iii) Retirement Leave Encashment U/S 10(10AA) - -
(iv) Tax on Employment 2,500.00 2,500.00
Income From Salaries(After Deduction U/S 10) 922,500.00
Add: Income from Other Sources - -
1. Income from Other Sources:
a. Bank(Savings A/C/ F.D/Recurring)/N.S.C/Post Office MIS/Other -
Income from House Properties -
a.Interest paid on House Building Loan (U/S 24) - -
b.Additional Tax benefits for first time home buyers - -
c.Rent received from let out properties after Municipal Taxes - -
Gross Total Income (G.T.I) 922,500.00
Less: Deduction U/S 80C(Max eligible amount Rs. 150000/-)
a. EPF & GPF Contribution 150,000.00 150,000.00 -150,000.00
b. Public Provident Fund (PPF) -
c. N.S.C (Investment + accrued Interest before Maturity Year) -
d. Tax Saving Fixed Deposit (5 Years and above) -
e. E.L.S.S (Tax Saving Mutual Fund) -
Income Tax Calculator F.Y 2023-24 & A.Y 2024-25 (Old Tax Regime)
f. Life Insurance Premiums paid -
g. New Pension Scheme (NPS) (U/S 80CCC) -
h. Pension Plan from Insurance Co./Mutual Funds (u/s 80CCC) -
i. Principal Repayment on House Building Loan -
j. Sukanya Samriddhi Yojana -
k.Stamp Duty & Registration Fees on House Buying -
l. Tuition fees for children(max 2 children) -
Less: Additional deduction for NPS U/S 80CCD(1B)-Max Rs. 50000) - -
Less: Deduction under chapter VI-A -25,000.00
a. 80 D Medical Insurance premium (Self, Spouse & Child) 50,000.00 25,000.00
b. 80 D Medical Insurance premium (for Sr. Citizen Parents) - -
c. 80 E Interest Paid on Education Loan - -
d. 80 DD Medical Treatment for dependent handicapped - -
e. 80DDB Expenditure on Medical Treatment for self/ dependent - -
f. 80G, 80GGA, 80GGC Donation to approved funds - -
g. 80GG Rent paid in case of no HRA received - -
h. 80U For Physically Disabled person - -
i. 80TTA/B (Rs. 10,000 for others & Rs. 50,000 for Senior Citizens) - -
j. Contribution to Agnipath Scheme (u/s 80CCH) - -
Less: Employer Contribution to NPS U/S 80CCD(2) - - -
Net Taxable Income after all deductions 747,500.00
Tax Rebate of Rs. 12,500 (For Income less than 5 Lakh) -
Tax Liability 62,000.00
Surcharge @10%/15% (If income > Rs. 50 Lac & Rs. 1 Cr. Respectively) -
Add: Cess @ 4% 2,480.00
Net Tax Payable 64,480.00
Advance Tax Paid -
Balance Tax to be Paid 64,480.00
Tax to Gross Income Ratio 4.96%

You Should Opt Old Tax Regime

________________________________________
(Signature of Person responsible for deduction of tax)
" Be Confident and Make a Financial Change" Full Name:
FORM No. 16
[See rule 31(1)(a)]
PART A
Certificate under section 203 of the Income Tax Act, 1961 for Tax Deducted at source on Salary
Name and address of Employer Name and Designation of the Employee
SNR TRUST,Coimbatore , Tamilnadu , India Arthik Disha
PAN of Deductor TAN of Deductor PAN of the Employee
ARTPX1234D
CIT (TDS) Address Assessment Year Period
From To
Circle/Ward: 2024-2025
4/1/2023 3/31/2024
Amount of tax deducted
Amount of tax deposited in
Quarter Receipt Nos of Original statements of TDS under sub sec(3) of sec 200 in respect of the
respect of the Employee
Employee

Quarter-1 0 0 0
Quarter-2 0 0 0
Quarter-3 0 0 0
Quarter-4 0 0
Total 0 0
PART B
Details of Salary paid and any other income and tax deducted
1 Gross Salary
(a) Salary as per provisions contained in sec.17(1) Rs. 1,299,996.00
(b)
Value of perquisites u/s 17(2) (as per Form No. 12 BB, whether applicable) Rs. 0
(c)
Profits in lieu of salary under 17 (3) (as per Form No. 12BB, whether applicable) Rs. 0

(d) Total Rs. 1,299,996.00


2 Less: Standard Dedection 50,000.00
Allowance u/s 10 a) House Rent paid Rs. 324,996.00
Rs. 50,000.00
3 Balance (1-2) Rs. 1,249,996.00
4 Deductions:
(a) Tax on Employment Rs. 2,500.00
(b) Entertainment Allowance Rs. -
5 Aggregate of 4(a) & (b) Rs. 2,500.00
6 Income chargeable under the head 'salaries' (3-5) Rs. 922,500.00
7 Add: Any other Income reported by the employee
(a) Income/Dividend /Bank Interest/NSC/Any Other Income Rs. - -
(b) Income from House property Rs. - -
8 Gross total income (6+7) Rs. 922,500.00
Qualifying
9 Deductions under Chapter VIA Gross Amount
Amount
Deductible Amount

a EPF & GPF Contribution Rs. 150,000.00


b Public Provident Fund (PPF) Rs. -
c N.S.C (Investment + accrued Interest before Maturity Year) Rs. -
d Tax Saving Fixed Deposit (5 Years and above) Rs. -
e E.L.S.S (Tax Saving Mutual Fund) Rs. -
f Life Insurance Premiums paid Rs. -
g New Pension Scheme (NPS) (U/S 80CCC) Rs. -
h Pension Plan from Insurance Co/Mutual Funds(U/S80CCC) Rs. -
i Principal Repayment on House Building Loan Rs. -
j Sukanya Samriddhi Yojana Rs. -
k Stamp Duty & Registration Fees on House Buying Rs. -
l Tuition fees for children(max 2 children) Rs. -
a) section 80C Total Rs. 150,000.00 150,000.00 150,000.00
b) section 80CCD(2) Rs. - - -
c) section 80CCD(1B) Rs. - - -
e) 80D,80DDB,80E,80G,80U etc.. Rs. - 25,000.00 25,000.00
10 Aggregate of deductible amount under Chapter VIA Rs. 175,000.00
11 Total Income (8-10) Rs. 747,500.00
12 Tax on Total Income Rs. 62,000.00
13 Less u/s 87A / Tax Credit : Rs. -
14 Add:Surcharge @10%/15% (If income > Rs. 50 Lac & Rs. 1 Cr. Respectively) -
15 Educational cess @4 % on tax Rs. 2,480.00
16 Tax Payable (12+13) Rs. 64,480.00
17 Rebate and relief under Chapter VIII
I u/s 88 0 u/s 88 B 0 u/s 88 C 0 Rs. -
II Under section 89, 90, 91 (attach details) Rs. -
Aggregate of tax rebates and relief Rs. -
18 Less: Tax deducted at source Rs. -
19 Tax Payable / Refundable (16-17-18) Rs. 64,480.00
ANNEXURE - B
Details of Tax Deducted and Deposited in the Central Government Account through Challan
Tax Deposited in Challan Identification Number (CIN)
Sl.No respect of the Date on which tax
Employee ( Rs.) BSR code of Bank branch Challan Serial Number
deposited
0 0
0 0 0 30/12/1899 0
0 0 0 30/12/1899 0
0 0 0 30/12/1899 0
0 0 0 30/12/1899 0
0 0 0 30/12/1899 0
0 0 0 30/12/1899 0
0 0 0 30/12/1899 0
0 0 0 30/12/1899 0
0 0 0 30/12/1899 0
0 0 0 30/12/1899 0
0 0 0 0
Total 0
I, Son of Sri…………………………………………………..working in the capacity of ……………………………………..do
hereby certify that a sum of Rs: /- has been deducted at source and paid to the credit of the Central
Government.
I further certify that the information given above is true and correct based on the books of accounts, documents and other available
records:

Place : 0
Date : 6/4/2023 (Signature of Person responsible for deduction of tax)
Designation : Full Name : 0

ITR - 1 SAHAJ INDIAN INDIVIDUAL INCOME TAX RETURN AY 2022 - 23


FORM No. 16
[See rule 31(1)(a)]
PART A
Certificate under section 203 of the Income Tax Act, 1961 for Tax Deducted at source on Salary
Name and address of Employer Name and Designation of the Employee
SNR TRUST,Coimbatore , Tamilnadu , India Arthik Disha
PAN of Deductor TAN of Deductor PAN of the Employee
ARTPX1234D
CIT (TDS) Address Assessment Year Period
From To
Circle/Ward: 2024-2025
4/1/2023 3/31/2024

Amount of tax deducted


Amount of tax deposited in
Quarter Receipt Nos of Original statements of TDS under sub sec(3) of sec 200 in respect of the
respect of the Employee
Employee

Quarter-1 0 0 0
Quarter-2 0 0 0
Quarter-3 0 0 0
Quarter-4 0 0
Total 0 0
PART B
Details of Salary paid and any other income and tax deducted
1 Gross Salary
(a) Salary as per provisions contained in sec.17(1) 1,299,996.00
(b)
Value of perquisites u/s 17(2) (as per Form No. 12 BB, whether applicable) 0
(c)
Profits in lieu of salary under 17 (3) (as per Form No. 12BB, whether applicable) 0

(d) Total 1,299,996.00


2 Less: Standard Deduction (Max Limit Rs.50,000) Introduced in Budget 2023 50,000.00
Less: Employer's Contribution to NPS U/S 80CCD(2) -
Less: Exemption on Leave encashment U/S 10(10AA) -
Less: Transport Allowance for a Specially-Abled person(Max Rs. 38,400 per year) -
Less: Interest on Home Loan Taken For Let-Out Property U/S 24(b) -
Less: Any Other Allowable Deduction under New Tax Regime -
50,000.00
3 Balance (1-2) 1,249,996.00
6 Income chargeable under the head 'salaries' (3-5) 1,249,996.00
7 Add: Any other Income reported by the employee
(a) Income/Dividend /Bank Interest/NSC/Any Other Income - -
8 Net Taxable Income after deductions(6+7) 1,249,996.00
12 Less : Rebate U/S 87A / Tax Credit(Max Rs.25,000) Rs. -
Tax on Total Income 99,999.00
Add: Surcharge @10%/15% (If income exceeds Rs. 50 Lakh & Rs.1 Cr. Respectively) -
13 Educational cess @4 % on tax Rs. 3,999.96
14 Tax Payable (12+13) Rs. 103,999.00
15 Rebate and relief under Chapter VIII
I u/s 88 0 u/s 88 B 0 u/s 88 C 0 Rs. -
II Under section 89, 90, 91 (attach details) Rs. -
Aggregate of tax rebates and relief Rs. -
16 Less: Tax deducted at source Rs. -
17 Tax Payable / Refundable (14-15-16) Rs. 103,999.00
ANNEXURE - B
Details of Tax Deducted and Deposited in the Central Government Account through Challan
Tax Deposited in Challan Identification Number (CIN)
Sl.No respect of the
Employee ( Rs.) BSR code of Bank branch Date on which tax deposited Challan Serial Number

0 0
0 0 0 30/12/1899 0
0 0 0 30/12/1899 0
0 0 0 30/12/1899 0
Details of Tax Deducted and Deposited in the Central Government Account through Challan
Tax Deposited in Challan Identification Number (CIN)
Sl.No respect of the
Employee ( Rs.) BSR code of Bank branch Date on which tax deposited Challan Serial Number

0 0 0 30/12/1899 0
0 0 0 30/12/1899 0
0 0 0 30/12/1899 0
0 0 0 30/12/1899 0
0 0 0 30/12/1899 0
0 0 0 30/12/1899 0
0 0 0 0
0 0 0 0
Total 0
I, Son of Sri…………………………………………………..working in the capacity of ……………………………………..do
hereby certify that a sum of Rs: /- has been deducted at source and paid to the credit of the Central
Government.
I further certify that the information given above is true and correct based on the books of accounts, documents and other available
records:

Place : 0
Date : 6/4/2023 (Signature of Person responsible for deduction of tax)
Designation : Full Name :

ITR - 1 SAHAJ INDIAN INDIVIDUAL INCOME TAX RETURN AY 2022 - 23

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