INCOME TAX ASSESSMENT :-2019-20

NAME:- ASHOK KUMAR SAHOO DESIGNATION:- JUNIOR ENGINEER (CIVIL)

PAN NO. BRSPS 7629 M OFFICE:- LIFT IRRIGATION DIVISION, NAYAGARH
EARNING DEDUCTION NET
NET
INCOME TOTAL
SL.NO. MONTH / BILL NO. PAY G.PAY DA HRA MA MCA TOTAL EPF P.TAX H.I AMOUNT REMARKS
TAX DEDUCTION
IN RS
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16
1 NAY/2019/MARCH/0024 20620 4800 33554 1271 500 700 61445 7077 200 2000 590 9867 51578
2 NAY/2019/APRIL/0025 66000 4620 1198 500 700 73018 8474 200 2000 590 11264 61754
3 NAY/2019/MAY/0026 66000 4620 1198 500 700 73018 8474 200 2000 - 10674 62344
4 NAY/2019/JUNE/0027 66000 4620 1198 500 - 72318 8474 200 2000 - 10674 61644
5 NAY/2019/JULY/0028 66000 4620 1198 500 1400 73718 8474 200 2000 1450 12124 61594
6 NAY/2019/AUG./0029 66000 4620 1198 500 700 73018 8474 200 2000 1450 12124 60894
7 NAY/2019/SEPT./0030 66000 4620 1198 500 700 73018 8474 200 2000 1450 12124 60894
8 NAY/2019/OCT./0031 66000 4620 1198 500 700 73018 8474 200 2000 1450 12124 60894
9 NAY/2019/NOV./0032 66000 4620 1198 500 700 73018 8474 200 2000 1450 12124 60894
10 NAY/2019/DEC./0033 68000 4760 1198 500 700 75158 8731 200 2000 1450 12381 62777
11 NAY/2020/JAN./0034 68000 4760 1198 500 700 75158 8731 200 2000 1450 12381 62777
12 NAY/2020/FEB./0035 68000 4760 1198 500 700 75158 8731 300 1450 10481 64677
7th Pay Arrear from
01/2016 to 08/2017 67410 67410 8089 5900 13989 53421
7th Pay Arrear from
01/2016 to 08/2017 209695 209695 25250 18000 43250 166445

TOTAL 1029725 4800 84794 14449 6000 8400 1148168 134401 2500 45900 12780 195581 952587

PAY+GP+DA = 1119319

PAY+GP+DA + HRA+MA = 1139768

(ASHOK KUMAR SAHOO)

BRSPS 7629 M
Signature of the Employee
 IN-COME TAX CALCULATION SHEET OF SRI ASHOK KUMAR SAHOO,JUNIOR ENGINEER (CIVIL)
OFFICE OF THE MANAGING DIRECTOR ODISHA LIFT IRRIGATION CORPORATION LTD. BHUBANESWAR, FOR
THE FINANCIAL YEAR 2018-19AND ASSEMENT YEAR 2019-20
PAN NO.:- BRSPS 7629M
1 SALARY INCLUDING (PAY+GRADE PAY+D.A.+HRA+OA+ARREAR if any) Rs 1139768.00
2 Less Allowance exempt U/S 10
Least of the following (Standerd Deduction (16) i a 50000.00
(a) Actual amount of H.R.A. received 14449 (-) Rs
(b) Expenditure on rent excess of 10% of salary (PAY+G. P.+D.A.) 98400 111932 Rs 0.00
© 40% of salary (PAY+GP+D.A.) 447728 Rs 447728.00
3 Deduction U/S-16(III), Professional Tax (-) Rs 2500.00
4 Deduction under Interest Payable on loan U/S-24 Rs
5 Deduction under 80G/80E Rs
6 Income chargable under head salaries Rs
7 Add any other income other than salary Rs
8 GROSS TOTAL INCOME Rs 1087268.00
9 Deduction under VI.A
(A) (i) 80 C GPF/E.P.F. A/c No. 8943/OLIC Rs. 134401
(ii)L.I.C. Policy No.583228199 Rs.
(iii) P.L.I.Policy No.OR-341416-CS Rs. 0
(iv)TATA (AIA) Life Insurance PolicyNo.(U200837455) Rs. 18842
(vi) Reliance Life Insurance PolicyNo. (52088082) Rs. 0
(v)TATA (AIA) Life Insurance PolicyNo.(U005006067) Rs. 20000
(vii)Education tuition fee Rs.
(viii) Housing Building Advance Rs.
(ix) NSC Rs.
(x) Infrastructure Bond etc Rs.
(x) Exide Life Insurance PolicyNo. (03631395) Rs. 64578
TOTAL Rs. 237821
(B) 80 CCC Rs 150000.00
(C ) 80 CCD (NPS) NEW PENSON SCHEME Rs 50000.00
Limitted to Rs 150000/- Total Deduction under Chapter-VI A TOTAL Rs 200000.00
(D) 80 D 6987 + 12780 19767 Rs 19767.00
TOTAL DEDUCTION Rs 219767.00
10 TOTAL INCOME (Round off to nearest 10) Rs 867501.00
Or say Rs 867500.00
(a)Up to Rs.250000.00 Nil DEDUCTED (-) Rs
Rs 867500.00
(b)From Rs. 250000.00 toRs. 500000.00 @ 05% (250000 x5%) 12500 Rs 0.00
(c)From Rs. 500000.00 toRs. 1000000.00 @ 20% (367500 X 20%) 73500 86000 Rs 86000.00
(d)From R1000000.00 to onwards @ 30%
11 TAX ON TOTAL INCOME (As per Finance Act 2005) Rs 86000.00
Add education cess @ 4% Rs 3440.00
12 TAX PAYABLE ON TOTAL INCOME 89440.00
13 Less relief U/S 89 (I) Rs 0.00
Less relief U/S 87 (-) Rs
14 BALANCE TAX TO BE PAID Rs 89440.00
15 TAX DEDUCTED AT SOURCE Rs 45900.00
16 BALANCE TAX PAYABLE/ REFUNDABLE Rs 43540.00
TOTAL Or say Rs 43540.00

ASHOK KUMAR SAHOO, J.E.(C) 15.02.2020

PAN NO. BRSPS- 7629 M
Signature of the Employee