COMPUTATION FOR PRIYANKA DEY (HAZRA)

Income Tax Computations Amount

Gross Salary (Inc. Bonus) 810000.00

Deduction U/s 16
Standard Deduction (Sec 16 ia) 50000.00
Professional Tax (Sec 16 iii) 2400.00

Income chargeable under head 'Salaries' 757600.00

Income from Other Sources 8780.00

Gross Total Income 766380.00

Deductions under chapter VI-A

Investments ( Sec 80C) 150000.00
Contribution to NPS (Sec 80CCD (1b) 50000.00
Employer Contribution to NPS (Sec 80CCD (2) 0.00
Medical Insurance Premium (Sec 80D) 25000.00
Medical treatment for handicapped dependents (Sec 80DD) 0.00
Medical treatment for specified diseases (Sec 80DDB) 0.00
Interest on Higher Education Loan(Sec 80E) 0.00
Interest on Housing loan (Sec 80EEA) 0.00
Interest on Electric Vehicle Loan (Sec 80EEB) 0.00
Donations Eligible for tax deduction- Sec 80G,80GGA & 80GGC 0.00
Deductions in respect of rents paid (Sec 80GG) 48000.00
Interest income from bank deposits (80TTA/80TTB) 0.00
Deduction for permanent disability (80U) 0.00
Total 273000.00
Net taxable income 493380.00

Tax on Total Income ( as per applicable slabs)

Income Liable to Tax at Normal Rate 12169.00
Total 12169.00

Less : Rebate u/s 87- (If total income does not exceed Rs.5.0 Lakh(OR) and Rs.7.0 Lakh (NR) 12169.00

Total Tax Due 0.00