ANTICIPATORY INCOME TAX STATEMENT FOR THE FINANCIAL YEAR 2022-23

(Assessment Year 2023-24)

Name
Address
PAN NO XXXPX5855X
Employer Name&TAN
Scheme Normat Tax Rate
1 Income From Salaries Rs. 748,168.00
Mar-22 54,014.00
Apr-22 54,014.00
May-22 54,014.00
Jun-22 54,014.00
Jul-22 54,014.00
Aug-22 54,014.00
Sep-22 54,014.00
Oct-22 54,014.00
Nov-22 54,014.00
Dec-22 54,014.00
Jan-23 54,014.00
Feb-23 154,014.00
1a Arrear Rs.
1b Others Rs.
1c Incentive Rs.
Sub Total 748,168.00
1d Standard Deduction Rs. 50,000.00
1e Professional Tax (u/s 16) Rs.
Net Income from Salaries 698,168.00
2 Income from House Property -
2a Less: Interest on HBA (u/s 24-b [Maximum 2 Lakhs] Rs.
Net Income from House Property -
3 Other Income
4 Gross Total Income (1+2+3) Rs. 698,168.00
5 Deductions
(i) U/s 80 C (Maximum - 1,50,000)
(a) PF 72,000.00
(b) SLI, LIC, Others 63,000.00
(c ) Housing Loan Repayment Rs. 135,000.00
(ii) U/s 80D 13,040.00 Rs. 13,040.00
6 Total Deduction Chapter VIA Rs. 148,040.00
7 Net Taxable Income Rs. 550,130.00
8 Tax Payable (Normal Tax Rate) Income
Tax on Income Rs. 22,526.00
less: Rebate u/s 87A Rs. -
9 Tax on Total Income Rs. 22,526.00
10 Education Cess (4%) Rs. 901.04
11 Total Tax Payable (9+10) Rs. 23,430.00
12 Relief u/s 89 Rs. -
13 Net Tax payable (11-12) Rs. 23,430.00
14 TDS Deducted Rs.
15 Balance Tax Payable Rs. 23,430.00